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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: Larry Brubaker who wrote (25404)	11/11/1997 11:33:00 AM
From: Gerald Walls	Respond to of 35569

We saw how explosive this stock can be a few weeks back when the shorties tried to cover and the stock was at $6.5 before the shorties could say, "E. Charters, help." We also saw last Thursday how one decent-sized buyer caused a 25% spike, and that day wasn't even exceptional volume (only about 300,000 shares). It should be fun watching a short panic. If there were only a couple of market makers they would probably open the spread to a couple of bucks, but with the slew we have on us now they'll be stabbing each other in the back with gusto in the rush to cover and we'll see spreads of 1/16 and 1/32. Does anyone have an idea who the buyer was? I remember that someone identified the market makers the orders were coming through.

To: Larry Brubaker who wrote (25404)	11/11/1997 12:07:00 PM
From: go4it	Read Replies (1) \| Respond to of 35569

Larry, Delayed quotes has us at 25,000 shares and we are up 4.25%. Can you imagine what buying 800K to 1.6MM that are short is going to do to the price? Then add to that the people that have been on the sidelines waiting on the report. TTMA