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To: Jonathan Bird who wrote (11323)	1/25/1998 12:48:00 AM
From: James F. Hopkins	Respond to of 12298

Hi Jon; well I figure the greed angle will kick in fast if very many start taking profits, but it will have to tick up some first. This is one you would have to sit and watch the bid/ask to catch her move. Say I went short some time ago , buy now I would have my stop loss sitting about a 1-1/2 above her last close. I think if you see her go up that much in one day a lot of buy orders will trigger. Jim

To: Jonathan Bird who wrote (11323)	1/25/1998 1:20:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 12298

Jon; Wow, I been to bigcharts before but never found that chart that showed short interest, that's neat and thanx. If I was short I'd want to be in that bunch that went in early. I saw some on the Naz..cyrx go to 80% short before she bounced..but did she bounce the bears were licking their chops when about half of them got killed. She doubled and I had bought some cheap calls. :-) Took a little longer than I had thought it would though. That real light volume on Friday indicates the sellers are getting thin, with 46% short I'm tempted , does she have options, the more she goes short now..is mostly some fool who is shorting to one that is taking profit. What happens if 20% of them try to fit through the door one day. Jim

To: Jonathan Bird who wrote (11323)	1/28/1998 4:08:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 12298

Jon; If your not looking the covering has started, But there are a lot more trying hard to short at 12-1/6 and 12-1/8..which seems to have but a lid on her for the time being. My guess is 90% of her volume today is short covering and re-shorting. This is no place for me, short or long I got here to late. Man I wish I had bought thoes calls last week. There is just too many shorts out under 12 and they are going to feel some pain, from the ones on top of that totom pole. Jim