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Technology Stocks : Brightpoint - CELL -- Ignore unavailable to you. Want to Upgrade?

To: David G. who wrote (262)	12/30/1997 9:08:00 PM
From: David G.	Read Replies (3) \| Respond to of 1999

SHORT SQUEEZE The weekly chart looks good. I believe we found the double bottom earlier this week and this week should mark the beginning of a long-term turnaround. I appeal to shareholders to now implement plan SHORT SQUEEZE. You can do your part by making a simple call to your broker to request physical delivery of your Brightpoint shares. All position sizes make a difference. Why? Because some pessimistic traders who know little about Brightpoint's excellent growth prospects have sold short any stock that has anything to do with Asia. Brightpoint had a short interest of 1.5 million shares in Novemeber (slightly above average). That means there is a very good chance that your broker may have already sold YOUR shares on behalf of some pessimist. Brokers like to keep your shares so they can allow shorts to sell them. Brokers MUST deliver you the shares if you say "I want physical delivery of my shares please". The pessimist must eventually buy back your shares at market price to replace the ones he borrowed from you (he hopes to buy back cheaper and make a profit). What's happens to the shorts if you request physical delivery of the shares? They have to buy them back at the current market price. Shorts sold 1.5 million of our shares and drove the price lower. What would happeen now if they are forced to buy 1.5 million shares at market? Bingo. Stock price goes up and returns to its fair trading value. This forces shorts to cover as the stock rises, which is why its called a short squeeze. I have nothing personally against shorts, but prefer they be conditioned to stand clear of Brightpoint. It's a very simple process: you call your broker and say I want my CELL shares now, please, thank you! If you feel like they are trying to persuade you to let them keep them, simply inform them that you have a safety deposit box collecting dust that needs some company. You can return your shares to your broker anytime... that's right, anytime... in a couple days, weeks, months or simply as soon as you feel like it or you are consider selling. If you plan to hold your shares for more than a couple of weeks, then I urge you to consider requesting your shares. If not, I am confident the shorts will feel the squeeze in January when EPS, Iridium and other news comes. Just some food for thought for the longs. Ok now, all who are in favor of squeezing the shorts, say I. Even if it sounds like a good idea, say I.