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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: Greg Hull who wrote (18966)10/31/1998 3:06:00 PM
From: George Dawson  Read Replies (1) | Respond to of 29386
 
Greg,

I think we are closing in on the end game.

Using the numbers from your post I note that the float increased by 6M shares between 8/26/98 (13.8M) and 10/28/98 (19.7M)or a rate of 3M shares/month. The end game is getting very close and we should see the opening stages soon. I agree with Ed, that they may not have much dry powder left, especially if somebody has to cover a short position. It will be even more interesting if one or more of these funds is not short or partially short.

George