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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: Hawaii60 who wrote (3997)	4/8/1999 1:59:00 PM
From: blankmind	Respond to of 30916

if you examine price and short interest it can suggest a point. i would argue not until we hit 26-30 range will we see the next short covering. many shorts covered as idtc crashed to 14. the current shorts, arrived late to the party. most shorts from the 30's closed out long ago. right now it is a question of shorts showing they are right, and the longs are wrong. exactly the reverse of what occurred when idtc came from 30's to 12-14 range. month short avg vol ratio 03/99 2,233,813 1,474,558 1.51 02/99 1,275,777 1,505,616 0.85 01/99 1,685,755 1,588,873 1.06 12/98 1,250,357 1,042,869 1.20 11/98 1,041,537 859,145 1.21 10/98 1,108,168 539,558 2.05 09/98 1,014,049 360,831 2.81 08/98 1,130,264 338,377 3.34 07/98 1,438,635 418,822 3.43 06/98 1,538,353 511,555 3.01 05/98 1,501,661 434,768 3.45 04/98 947,894 760,058 1.25 DATE CLOSE VOLUME Apr-99 24.438 13110600 Mar-99 18 33867200 Feb-99 12.438 15315100 Jan-99 15.5 40109900 Dec-98 15.375 26926500 Nov-98 19.375 15509100 Oct-98 16.625 14231900 Sep-98 23 9500500 Aug-98 14.5 7236400 Jul-98 24.25 9215200 Jun-98 30.063 9197000 May-98 26.063 8981600 Apr-98 30.688 15362900