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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999! -- Ignore unavailable to you. Want to Upgrade?

To: Thai Nguyen who wrote (2199)9/16/1998 7:58:00 PM
From: John Rowton  Read Replies (1) | Respond to of 3183
 
I am long from 26 for a trade, I agree with the earnings announcements
and am only in for a trade as I think the market will not surpass 8400
again but the short interest intrigues me. Where did these shorts sell
their shares from, I mean, if I shorted from the 40 area I would have
covered in the 20 area. Or did these shorts start in the 30 area or
where? I think the low 30s is doable before we head back down.



To: Thai Nguyen who wrote (2199)9/16/1998 11:14:00 PM
From: Charger  Read Replies (1) | Respond to of 3183
 
Thai - no doubt about it, these short covering spurts will turn the closer to earnings season we get. I think longs are in for the short quick ride, why not? I tried to follow your link to the short interest - nasd.com - and tried several of the links on that site but could not find anything dealing with short interest. Would like to see what you saw - which link on that site has it? Did see the insider selling - that says a lot!!


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