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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?


To: Tony Wang who wrote (15981)4/27/1999 4:18:00 PM
From: Jon Taulbee  Read Replies (1) | Respond to of 21342
 
well the street guys kinda overlooked this one.The AT&T announcement is really bigger then the BA deal and a buck and change ...when will they ever learn...some one is holding this one down ...WHY

Jon



To: Tony Wang who wrote (15981)4/28/1999 2:45:00 AM
From: P314159d  Respond to of 21342
 
These are old figures from March and show a high cover rate,
but with the renewed volume that has to change dramatically and the total shares short is less than 2%. Meager. Short covering shouldn't be much boost now. I'd watch April figures and May to determine if shorts are accumulating this rally. That would be bad. But by the time we get the figures the stock will have run its merry way! It has created a huge trading range (5.5 to 10) which could played either way now. I can see a bounce ending 7.75 to 8, beyond is a stretch,but everyone will be happy with that move up I am sure.

from Vectorvest:
short shares 739,181;adv 197,348; short to cover rate 3.75