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To: nycnpbbkr who wrote (8441)11/5/1997 10:46:00 PM
From: Jess Beltz  Respond to of 25960
 
Ken, again, I agree. I merely maintain that a good deal of the growing short interest has occured since the plunge began, and the bonds offer little comfort to those shorts, hence are not a manipulative tool used by them. Thus the coincidence between the outstanding short interest and the number of shares convertible under the bond issue is precisely that, a coincidence.

jess.


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