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Technology Stocks : Log On America, Inc. LOAX -- Ignore unavailable to you. Want to Upgrade?

To: Mark L. who wrote (274)	9/25/1999 10:24:00 AM
From: Dr. Seuss	Read Replies (1) \| Respond to of 353

Mark, Excellent post. One additional note. Short shares are available now. If I was holding long, a strat may be to sell short now and box my longs, lock in profits, and sell the longs after the October runup that we all see coming. I am boxed right now and will be glad to sell my longs at whatever price they run it too. Dr. Seuss

To: Mark L. who wrote (274)	9/25/1999 5:25:00 PM
From: gladman	Read Replies (1) \| Respond to of 353

Thanks Mark, i've been told by several people the short interest is over 1 million close to 1.1, they could be full of chidt, I don't know. The LOAX characters seem shaky, especially the last minute CNBC interview cancellation... the compelling reason to stay long here is the SS as I believe many of the short sellers are amateur and will panic cover on release of news of substance which should be forthcoming. I'm in agreement with you and the Cat in the Hat, a boxed position will allow you to take advantage of the Pump AND the Dump. Please post here if you have any info, it's much appreciated. Dave

To: Mark L. who wrote (274)	9/29/1999 6:20:00 PM
From: E. A. Kline	Read Replies (1) \| Respond to of 353

How do you play Pump & Dump? Seeking resources... Anyone know of any good books, internet sites, magazine articles or other sources of information on how stock promotion schemes work? Specifically, is there something that would shed light on the likely endgame for LOAX, with respect to issues like Dirks' probable strategy for releasing shares: if he releases too many shares too quickly, the price will drop precipitously. Thus, his discretion over the timing of release gives him great power w/respect to the insiders, and pits them against each other, since any successful manipulation that drives the price up in the short term can only benefit a relatively small number of shareholders, (this assumes he releases shares gradually). Those who get to sell after a successful pump will benefit far more than those who must wait for a later pump, which may not succeed. Also, how do offshore sales and sales through nominees work? What about short positions held by insiders? Is there a way of researching these to look for indicators they're going on? The pump & dump game has been played before, and knowing how it's played gives one a leg up in trying to figure out the next move. Can anyone refer me to any good resources on this subject?