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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Codee who wrote (11743)	8/26/1998 3:28:00 AM
From: Dell-icious	Respond to of 14631

Short interest in IFMX is still very high, and continues to get higher as a multiple of the average daily trading volume, which is falling. This should cause a massive short squeeze, at the slightest news that would cause the price to rise. In the latest NASDAQ positions report, from today's WSJ: Among companies with the largest short-interest positions: WorldCom Inc. was up 2,847,962 shares to 140,056,454; Boston Chicken Inc. was up 1,773,139 shares to 23,022,494; Informix Corp. was up 24,527 shares to 19,064,348; Cisco Systems Inc. was down 1,776,607 shares to 17,174,702, and Oracle Corp. was down 1,477,139 shares to 15,592,121.