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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (7739)	4/27/2001 11:40:01 PM
From: Arcane Lore	Read Replies (1) \| Respond to of 19428

According to the NASD (specifically the NASDAQ Trader site), the March, 2001 short interest for GENI was 1,551,321 shares - see nasdaqtrader.com As discussed in Message 15726113 and Message 15726774 I believe the NASDAQ Trader figures for both the current and prior months reflect the March 3:1 split. Thus one should not multiply the 1.551.321 figure by three. However, if one does, the figure one gets is 4,653,963 or approximately 4.65 million - the figure you correctly cite as being currently listed on Yahoo: biz.yahoo.com Note that the Yahoo figure, is not only incorrect (in my opinion) but is also out of date (it it indeed is derived from the March short interest number). The April short interest is now available on the NASDAQ Trader site. It is 1,576,483 shares - see nasdaqtrader.com Arcane, do you think that GENI is lying in the PR, then?... Or just trying to mislead investors by quoting another potentially inaccurate source?.... The company thinks that the short position is in the 4.5 million range and they ought to know because they receive the DTC sheets weekly... biz.yahoo.com "In our case, according to reports published by Bloomberg L.P., out of 21 million GENI shares outstanding, there was a total short position of approximately 4.6 million shares." JMHO, F. Goelo + + + I do not think that GENI was lying, but I do believe they may have relied on an incorrect figure "published by Bloomberg L.P." which may have made the same mistake that I believe Yahoo made (specifically, adjusting the GENI short interest for a stock split when the original was already split adjusted). In any event, the April short interest has been published by NASD and it (1,551,321 shares) is nowhere near 4.6 million shares.

To: Francois Goelo who wrote (7739)	5/25/2001 11:08:29 AM
From: Mama Bear	Read Replies (1) \| Respond to of 19428

I waited for quite some time to make sure I had supporting numbers for this. The short interest through mid-May is out for Nasdaq issues, and once again GENI is reported at 1.561 million shares. There is zero chance that the split has not been taken into account at this late date. nasdaq.com Yes François, GENI has access to the DTC numbers. It kind of makes me wonder why they chose to quote Bloomberg rather than to say 'according to the report we've received from the DTC...'. It couldn't have been because what they said is technically the truth because Bloomberg said it, even though it is obvious now that Bloomberg made an error concerning the short interest? Regards, Barb