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

To: nic who wrote (20458)1/28/1999 10:31:00 AM
From: Lhn5  Respond to of 29386
 
Well, what is to stop some new shorters as we approached the 52 week high twice, etc etc. The short interest will never go to zero-)



To: nic who wrote (20458)1/28/1999 6:58:00 PM
From: George Dawson  Read Replies (1) | Respond to of 29386
 
nic,

My best guess is that there will be a point right around the current level where the short interest will be fairly steady. I looked at Dell for comparison and their short interest ranges around 3 - 4%. I would also expect the share price to become more volatile as the average volume declines. Continued sales announcements and statements from the CEO of EMC will remain useful.

George D.


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