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Gold/Mining/Energy : MXR MAXIMUM RESOURCES INC. (VSE:MXR) UP?
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To: Tom McIlwain who wrote (234)3/27/1997 7:33:00 PM
From: J. Nelson   of 751
 
Tom: Thank's It's very hard to understand some of the information you get

on SI-- Some people say when stocks run up fast the shorts jump on the stock
and load up for a quick profit. If that is the case at .70 there would have
been many more shorts than what is out. The cover if there was more took place
IMO at fair value around the .45 to .50 range. It looks like most of the short
position is covered and 1500 is nothing for a stock that trades 661,700 in four
days this week, 1,853,000 the week before. I guess the short intrest is not
at all like some have stated.

Thank You for the info and the location of stockwatch.

Regards, and have a great Easter.

JNelson
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