SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : METROMEDIA FIBER NETWORK (MFNX) -- Ignore unavailable to you. Want to Upgrade?

To: MeDroogies who wrote (113)12/20/1998 11:58:00 PM
From: donss  Respond to of 1983
 
MeDroogies,
I rode MFNX from 30 to 49 and then bailed out only to watch it go to 60 in a few more days. I'm a little puzzled by the huge runup and large short position. I don't understand the large short position, you think they would have covered when MFNX was around 20 or 30. According to Yahoo the float=8.5M and average volume=360K.
Shares short history:
11/20: 2.13M
10/26: 2.2M
9/24: 1.6M
8/21: 620K
7/20: 268K

-Don



To: MeDroogies who wrote (113)12/21/1998 12:19:00 AM
From: Curtis E. Bemis  Read Replies (1) | Respond to of 1983
 
I can't help you make the investment decisions but there are about
47M shares outstanding and the float is 8.5M shares. (Class A+B).

That doubles on 12/22/98 when the 2:1 is effective.

Hope that helps--


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News