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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (7320)11/13/1998 3:41:00 AM
From: Q.  Read Replies (2) | Respond to of 10921
 
table of short interest in semi-equip stocks:

The list below is interesting. Keep in mind two opposing things:

* there is a high correlation between high short interest and a
bad outcome for a company. That's because shorts are often right.

* if the shorts are wrong, especially in their timing, then a high
short interest can add fuel to the fire of a rapid stock price rise.

Here's a list of short interest in Oct 98 for semi-equips:

stock, % of shares out shorted, days to cover at 30-day ave. volume

UTEK 13% 14 days
IPEC 9% 8
PRIA 8% 8
LRCX 7% 2
NVLS 8% 2

AMAT 4% 2
KLAC 4% 2
ASYT 4% 3
SFAM 3% 2
MTSN 2% 6
BRKS 2% 2
DPMI 2% 2
FSII 1% 3
GSNX 1% 2
SVGI 1% 1
SMTL 0% 0
MASK 1% 2

I haven't been following UTEK. Does anybody know why shorts would be
so interested in them, compared to other small semi-equps?