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Technology Stocks : 3DFX -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (7875)10/5/1998 2:43:00 PM
From: Sun Tzu  Respond to of 16960
 
Short Interest for TDFX

09/98 2,296,585 473,380 4.85
08/98 3,141,973 578,694 5.43
07/98 2,624,799 872,774 3.01
06/98 1,994,118 550,671 3.62
05/98 1,233,549 918,227 1.34
04/98 249,698 418,952 0.60

The good news is that a declining short position means a reduced
chance for a price decrease. The better news is that the short
interest ration is still high which should contribute to a make a
moderate price jump a great one. This is further mitigated by
considering that the short interest ratio is probably closer to 7 and
that the stock is in an uptrend.

Now all I need is some answers from 3Dfx and a 0.75 rise in TDFX to
add to my position.

OT -- KEA just broke a major support level today. Further proof that
hope is a terrible thing and that buying expensive out of money near
options against the trend is one of the dumbest things one can do.

Sun Tzu