To: Doug F who wrote (3383 ) 4/4/1999 2:32:00 PM From: blankmind Read Replies (5) | Respond to of 30916
short interest and why has it grown so much? 03/99 2,233,813 02/99 1,275,777 01/99 1,685,755 12/98 1,250,357 11/98 1,041,537 10/98 1,108,168 1. people know things we do not, and they are bad, very baddddddd. i think we can discount this theory, since we have seen information posted here (go.com), that has not been released or the prodigy announcement coming soon to a news release. 2. over bought and idtc is due to correct. its current p/e is high for a phone company with margins being squeezed on the phone side. stock price does not correlate to the earnings in this sector. with no knowledge of the internet side this would be a valid argument, combined with the fact the spinoff will be accreditive to the phone side. 3. april expirations the price must be kept at an expected level for the april expirations. way to early to worry about the final price for april, this won't begin to occur until 7-10 days prior to expiration. 4. people think idtc is a dog with fleas. it has gone down previously from this level and will do so again, check the charts, they do not lie, they just get misinterpreted. 5. some sort of arbitrage (my choice). those who have large positions in the stock have taked out a protective hedge in case the spinoff does not occur or some bad news comes along prior to spinoff and this protects some of the larger gains. this also keeps some pressure on the stock so as to allow for accumulation at low prices. we shall also see a close out of the short positions and an "orchastrated" squeeze forcing the stock price up, and the accumulated shares + already purchased shares to rise. as for mr. big (if i missed your guess please repost i was on vacation and only got a max of 30 minutes on the net a day, and many time less) name Mr. Big guess bill zeman cmgi blankmind ibm or yhoo bonagong aol dlarson5 softbank fieldeffect att - @home - ms m33806 cbs or msft marty rubin softbank or lu crusader4truth I don't know/disney? pascal morin lucent or rsl shtirlitz ld carrier/nbc yamakita softbank andrew_h softbank david wise mci/worldcom marketeer time warner dbrian aol ketan thakkar ge davit wise gte nord reboc (atl/south) alex hardin softbank btoll softbank hawaii60 softbank kmfdm2000 softbank david bauerle aol charlie yang ms or softbank tony a. mathews ibm arrow hd aol newmillenium softbank bill fortune III disney