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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: George Dawson who wrote (22124)5/26/1999 1:58:00 PM
From: doc  Read Replies (1) | Respond to of 29386
 
brocade is really rocking today. don't want to come off as bashing brocade, BUT. if what we're hearing on yhoo comes to pass. ancor gets sun, ibm, possibly hp; i feel they have a very good shot with emc. sounds to me like brocade will be the one picking up the scraps.



To: George Dawson who wrote (22124)5/27/1999 9:33:00 AM
From: donald sew  Read Replies (1) | Respond to of 29386
 
George,

>>>> Short Interest for May is 398,339 compared with 324,206 in April and 305,206 in March. (from nasdaq.com) <<<<

Compared to the outstanding shares of 24.1 million, the short interest is only 1.65%, which is not large.

Also, the increasing number of shorts may be a bullish indicator, rather than bearish, from a contrarian perspective. Keep in mind
that the greater the number of shorts the greater the possible move to the upside, but since the number on a percentage basis is not large
I dont think it is a real issue.

seeya