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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Jack Rayfield who wrote (1094)	3/18/1998 8:38:00 AM
From: Albert Martin	Respond to of 8117

Chief, what about the previuos msg. and the short position on PYNG? If we have a blockbuster release soon and if the short position is 800K + they we could have a short squeeze to end all short squeezes!! It could literally skyrocket if a squeeze does start. Your thoughts and anyone else who has an opinion would be appreciated. Albert

To: Jack Rayfield who wrote (1094)	3/18/1998 8:43:00 AM
From: Sapper	Read Replies (1) \| Respond to of 8117

Jack: That list is just a summary of who's bought and sold for the day, sorted by brokerage house. It is not a short list and there is no practical way to tell so from this data. I find it useful for giving me an indication which firms are recommending the stock or where the buying and selling is coming from. It's useful for short term trading for those so interested. Sapper

To: Jack Rayfield who wrote (1094)	3/18/1998 8:49:00 AM
From: the Chief	Respond to of 8117

Hi Jack.You are reading it wrong. This is a days snapshot of "house positions" for PYT. A house position is defined as "the shares they hold on behalf of their clients". THESE ARE NOT SHORT POSITIONS!! I put this in caps to get everyones attention. When I bought my shares yesterday, I did so, thru a brokerage house. It happens to be Dominion Securities (082). When I purchased those shares DS went out and purchased them for me. Those shares ae now part of the DS "House position", conversely when I sell them they will show on the sold side, and of course the price will be $34.75!!!!! the Chief