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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (3)	3/12/1998 11:38:00 PM
From: Tom Hua	Read Replies (1) \| Respond to of 19428

Since there are no borrows, one must sell the stock naked (w/o a borrow). Auric, I know MMs do it all the time but how does retail investors sell the stock naked? Since Waldron has cornered most of the float, it may be impossible to short the stock through the regular brokerage channel. In any case, I'll check with my discount broker for short sell availability. WS's recommendations: Key West: sell Chatfield : sell Waldron: buy (of course) Regards, Tom

To: Sir Auric Goldfinger who wrote (3)	3/15/1998 11:22:00 PM
From: Mike	Read Replies (1) \| Respond to of 19428

Auric, I still don't understand. If this stocks value is more like $1.00 than $36.00 why do the shorts care if they short it at $29.00 or $36.00. Won't they regain the $7.00 difference when this beast eventually crashes? Also, wouldn't they have to be submitting market orders in order for Waldron to change their price and sell to the shorts? I understand what selling the stock naked is, but how does this impact the short's position? Do they have to cover the difference as the stock keep's moving skyward? So, these guy's pony up an extra million or so because of Waldron illegally inflating the price. From what I read these guys can afford it. Why do they care? Mike