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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: violatrader who wrote (29934)	3/29/1999 6:42:00 AM
From: SMALL FRY	Respond to of 120523

I really don't know what to make of it to tell you the truth... such a high short interest in so expensive a stock with such a small float this close to splitting... after lots of recent upgrades. I'm confused that's why I started digging... maybe the shorts are thinking that the doubling of float will drive the price down? Or is it the fact that it had such a magnificent runup, and they're onto the premise that what goes up must come down? Sounds very simplistic... I give up... I wish I had the short interest figures as of Friday. With the recent upswing it would take lots of conviction in the part of the shorts to hold on to their position. The picture then would clear up a little... this recent runup may have been fueled by short coverings already and it's all clear sailing from here. Hmmm... ideas? SF PS: This is out of my league... brain come back!!! <VBG>