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Technology Stocks : Neomagic Corp. (NMGC) -- Ignore unavailable to you. Want to Upgrade?

To: vincenzo who wrote (2127)	11/18/1998 4:35:00 PM
From: Gary	Respond to of 3645

Vincenzo, my guess is that when we finally see the short interest for early November, it will be significantly LESS than the tremendous short interest outstanding in the Oct. figures. (Say, a change of more than -50%.) However, if the change is not nearly this significant, or there is little change, then you are absolutely right that the shorts are being burned to a crisp by the MMs and the longs, and that there is a good few points left to the upside. Have you noticed that near the end of the trading day in the last few sessions there has been a little bump UP, as if the MMs bait the shorts to cover near the end of the day with shares available at an ask price near the day's high?