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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: Tim J. Flick who wrote (4952)	10/29/1997 8:53:00 PM
From: Karl Drobnic	Read Replies (1) \| Respond to of 31646

RE Short-selling discussion: Connect some dots. Walker sold over 900,000 insider shares at $1.38 in June. About the same time, I first heard that a Soros fund had a position. We recently saw that Herzog has been active in TPRO. Herzog executes trades for S. Now suppose S bought 500,000 of Walker's stake at $1.38. At $6.50, profit is over $2.5 million in a few weeks. If S shorts 1 mil. shares at $6.5, S loses only $1 for each $2 rise in TPRO's share price. Plus S has a $2.5 mil. cushion of profits. Plus S shorting a million shares drives the price down, not up. Plus S is much more sophisticated than this simple example. I admire S for his philanthropy, but I've seen his generals at work in small caps before. They turn them into cash machines when the math is right.