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To: JoeWeinberg who wrote (361)5/26/1999 9:48:00 AM
From: Rajiv  Read Replies (1) | Respond to of 2514
 
According to a block trader, I hear the short position is 1,200,000 shares. That's a lot of buying poer on the upside.


According to Rajiv, the long position is greater than 16 MM shares. That is a lot of selling power on the downside.

Regards.
Rajiv



To: JoeWeinberg who wrote (361)5/26/1999 9:49:00 AM
From: KNOXACCT  Respond to of 2514
 
There is stock available to short today - yesterday there wasn't any - that would indicate that a lot of yesterday's volume was short covering.