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.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (16903)	1/23/1999 11:36:00 AM
From: accountclosed	Respond to of 86076

cnnfn.com this link has a .wav file of bill meehan on it.

To: MythMan who wrote (16903)	1/23/1999 11:58:00 AM
From: wlheatmoon	Respond to of 86076

From NY Times Business Uncovered Short Positions Drop by 7.6% on Big Board January 23, 1999 Open positions of short sales on the New York Stock Exchange fell 7.6 percent last month, to 3.65 billion shares, the exchange said Friday. On the American Stock Exchange, recently acquired by the National Association of Securities Dealers' Nasdaq market, uncovered short sales fell 8.2 percent, to 161.2 million shares. Uncovered short sales, or those with open positions, are those shares that have been borrowed and sold but not yet covered by repurchase. If the share price falls, an investor can profit by buying shares at a lower price to replace the borrowed ones. On the Big Board, the short-interest figure for the month ended Jan. 15 was equal to 1.5 percent of the total shares listed on the exchange. The total for the month is well below the record of 4.21 billion shares set in the month ended Sept. 15. Placer Dome Inc., the gold mining company, had the largest increase in short interest in the month, excluding companies with stock splits. It more than tripled, to 33.7 million from 10.4 million. The largest decrease in short interest was for American International Group, falling nearly 70 percent, to 9.9 million from 32.6 million.