Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: George Dawson who wrote (19935)	1/30/1999 12:55:00 PM
From: George Dawson	Respond to of 29386

Internet vs. NASDAQ Blue Chips vs. FC Consensus Portfolio I took a look at just three parameters comparing the following stocks - total shares, % institutional ownership, and the range of the short position as a percentage of the total float over the last 4 months of 1998. SHARES INST % SHORT ANCR 19.7M 2 5.9 - 12.6 EMLX 6.2M 43 0.9 - 1.7 QLGC 8.7M 83 2.4 - 4.2 EMC 501M 74 3.4 - 4.2 CMNT 22.1M 21 0.01 - 0.46 MSFT 2,493M 36 1.0 - 1.46 INTC 1,677M 48 1.1 - 1.4 CSCO 1,579M 59 1.4 - 1.6 AOL 458M 65 8.8 - 10 YHOO 98.6M 25 17 - 23 EBAY 40.2M 4 38 - 50 There are some interesting trends. There are some surprisingly low short positions in volatile stocks that to some extent are offset by institutional ownership (although it is not a perfect correlation). Ancor has the lowest institutional ownership, but even during the peak months of the conversion both YHOO and EBAY had higher short positions as a percentage of the float. Upside potential would also appear to correlate with institutional ownership which seems amazingly high in some cases. Click on my message link above to see the correlation with ECN activity (highest also for YHOO and EBAY). George D.