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Biotech / Medical : Electro-Optical Systems Corp. (EOSC) -- Ignore unavailable to you. Want to Upgrade?

To: stevomarsh who wrote (113)	3/13/1998 9:10:00 AM
From: richard simon	Read Replies (1) \| Respond to of 242

I agree, I bought my shares because : 1. I like hi-tech 2. I liked the history of management 3. I felt ( and feel) that this company has serious technology Recent stock price movement is upsetting and I am certainly not ( at this particular moment ) a happy camper, but afterspeaking with the investor relations guy and the company - I find that all is the same! I am gone ride here, and hope/expect a bounce back. The stock traded 600,000 shares yesterday !!!!! obviously there are real buyers - not only sellers, it takes two sides of a transaction for a trade to work! FSS is somewhat of a problem, but I think more thnt FSS being THE problem, whose stocks have a pattern of going down after the coverage has ended, is more a market-short player - type issue! Someone who I know who has a trading screen told me that the market makers on the screen are filled with notorious shorters!! These parties are selling stock that they dont even have just to knock the price down - in essence to cover their short position when they sold stock at $5-6 that they then didnt have either - hoping that investors will get scared and sell their shares and thus, they would be able to cover what must be an absolutely incrediblely LARGE short position. I called Charles Schwab to ask for my certificate (which I am told would then prevent someone from borrowing against my shares), and the person told me it would TAKE WEEKS!!!! to get it since my shares were being lent out! The nerve!!? how could they lend MY shares out. Needless to say , I insisted that they get my certificate right away. I wonder, if we would stop complaining for a second and ALL of us would ask for our certificates to be delivered, how much of a problem that would be for these short positions!! I think we should all do what I have done - teach them a lesson for hurting all of us. Every day is an adventure....