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Gold/Mining/Energy : PYNG Technologies

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To: doug who wrote (1733)	3/29/1998 1:13:00 PM
From: the Chief	Read Replies (1) of 8117

Hi Doug.You said:Basing investment decisions on published short positions is ludicrous as only uncovered shorts must be reported! Totally agree! However, the stock did ramp quickly then showed extreme volatility right after reaching its peak. Although not a "classic" short play. It did attract "short attention" after peaking at the high $6's. I, unlike others, prefer to have shorts involved with a stock. It provides significant "momentum" to a stock when they are wrong!!It also can stem the fall prematurely, when and if, they cover early. The only thing I disapprove of is "outwordly lying about the company" to move the stock "one way or the other!! This can be "turned" into "opinion" on the internet. So I consider the $100.00 hypster, as bad as, the prediction of $1.25 for the shorter. The internet provides a larger forum for both! the Chief

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