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PROX: Short Interest UP 4.3% to 4.0M in

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usasingh1 Member Level  Tuesday, 07/06/04 07:08:14 PM
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PROX: Short Interest UP 4.3% to 4.0M in Jun 2004

Thursday , June 24, 2004 16:20 ET

According to new short interest data from NASDAQ, short interest for Proxim Corporation (NasdaqNM: PROX) INCREASED 4.3% to 4,030,497 shares for the month ended mid-June, 2004.


SYMBOL MAY JUNE CHANGE %CHANGE DAYS/COVER-------- ------------- ------------- ------------- ------------ ----------PROX 3,865,033 4,030,497 +165,464 +4.28% 2
Based on PROX's 20-day average daily share volume of 2,581,530, it would require approximately 2 day(s) of buying to cover this short interest.



Always place Stop Loss order after buying a stock to minimize losses.I lost 100k by not doing so.We learn from our mistakes or may be from others who have done those.
Singh
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