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To: ED S. who wrote (31524)	6/20/1999 2:08:00 PM
From: Zeev Hed	Respond to of 44908

Ed, you are blinded by your position, Bernie himself said that some of the PP are shorting. The list of the PP includes two off shore firms, if they alone engaged in what I am describing, and what I described has occurred in at least another 20 other companies I have followed personally (with exactly the same catastrophic results), that would be enough to put some major pressure on the stock. You must remember, floorless bandits are not interested in the welfare of a company they invest in, they are interested in outsized profits with no risk. Mind, you, I did no mention that while the bandits have taken all their money and then some off the table, they still get paid interest on their original debenture, until actual conversion occurs.