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Technology Stocks : Speedfam [SFAM] Lovers Unite ! -- Ignore unavailable to you. Want to Upgrade?

To: Demosthenes who wrote (3367)	4/28/1999 9:17:00 PM
From: Justa Werkenstiff	Respond to of 3736

D: SFAM short interest drop suggests much of this was arbitrage related involving IPEC deal. This stock has bottomed as evidenced by price action today in light of the likes of AMAT getting taken to the woodshed while SFAM held firm. It took a whole lot of price drop on AMAT's part to move SFAM below $11. With respect to PRIA, I suspect this stock will bounce between $21 and $30. I don't think the short interest increase means much fundamentally.