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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (29931)3/29/1999 3:53:00 AM
From: SMALL FRY  Read Replies (1) | Respond to of 120523
 
Susan,

The persistent me can't let it go... I have no position in it... but it aroused my curiosity... here: viwes.com

That's the most current I can find... I'm wondering why a stock that's splitting Apr 12, with only 5.1 mil float, 58.48 (per Zacks) percent of which is owned by institutions, can have a short position of 1.7 mil...

I smell opportunity but I can't get a good read on what's going on...
if you have any ideas, please let me know. NSOL was an easy read... this one kills me...

BTW watch NXTL - 16 mil shorts on that one... if it has a significant runup tomorrow early... the shorts will undoubtedly cover and fuel the buying...

Thanks,
SF



To: Susan G who wrote (29931)3/29/1999 9:01:00 AM
From: Teri Garner  Read Replies (1) | Respond to of 120523
 
Susan, look at COVD, this DSL provider is growing by leaps & bounds. (AT & T and QWST both own a stake in COVD). News today:

Covad unveils nationwide DSL service

By Corey Grice

Staff Writer, CNET News.com

March 29, 1999, 4:00 a.m. PT

Covad Communications will announce a nationwide remote access plan today, integrating for the first time the company's digital subscriber line service with the networks of recent investors AT&T and Qwest Communications International.

Covad, an aspiring high-speed communications carrier, is targeting its new TeleSpeed Remote service at small- to midsized businesses that want to connect remote offices in other cities, a first for the company.

Company executives said their new offering will allow businesses to save money by avoiding long-distance dial-up charges for using a modem to remotely access files. Other higher-speed options, ISDN or frame relay service, are typically too expensive for smaller businesses.