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To: Tom Carroll who wrote (8144)	3/11/1999 10:19:00 AM
From: Jim Welsh	of 10072

RE: Who's selling? Tom (or Darrell?) I also noticed the increased activity around 2 PM yesterday. The hitting of sell stops seems reasonable. I would also assume there were some buy orders in at 5 to pick up at least some of the sold shares. What I am wondering if it is also possible that some shorts may have hit their stops as well? One might assume if shorts were buying back, why wouldn't the price move up? Being not familiar with the shorting process, I'm wondering if shorts who may have "bought back" to close out their positions, could have turned right around and sold, not wanting the shares, thus keeping the price around 5. Does this seem feasible? Jim Welsh

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