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Technology Stocks : AHWY -- AudioHighway.com -- Ignore unavailable to you. Want to Upgrade?

To: SpongeBrain who wrote (57)	1/9/1999 10:29:00 PM
From: robert duke	Read Replies (1) \| Respond to of 399

That would mean that those shorts need to buy back at higher prices. I bet this stock could move to higher prices. What are the earnings estimates for 99?

To: SpongeBrain who wrote (57)	1/10/1999 1:09:00 PM
From: xbrent	Respond to of 399

A major short position in a stock like this can cause a major explosion on the upside. This is exactly the type of stock that can have massive acceleration. If the shorts have to cover the stock will skyrocket in an irrational fashion. This causes other longs and daytraders to jump on the bandwagon and you have a scenario where a stock can jump 200% in a day. The market makers will then naked short it and allow it to run. A few days later it is likely to fall back and the market makers then get saved. If it does not, those who shorted it in a big way have a major problem to say the least. If the stock does not take off then it slips back until such time as the shorts decide to cover and it will spurt at that point in a big way. Either way you will see an irrational upside, its just a matter of when and from what level.