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Biotech / Medical : Pharmos (PARS) -- Ignore unavailable to you. Want to Upgrade?

To: Ariella who wrote (802)	5/27/1999 3:56:00 PM
From: arnie h	Read Replies (1) \| Respond to of 1386

Ariella: Thanks for posting the short interest. It tends to add substance to the call I made in my posts of May 20 and 22 about the shorts closing out their positions . The change in TA began about May 10 and accelerated on the 18th. My take is that the 8% drop reported on the 14th represented the start of the narrowing of short positions. I would guess by now much has been done. As I've posted previously, the stock price of PARS goes up after the shorts get out, in response to positive news. Also, noted in my post that the price had gotten ahead of itself and could move back to the 2 sigma level, which it has. Incidentally, welcome back. Hope the experience was rewarding for you. Arnie