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Gold/Mining/Energy : The Next Act -- Ignore unavailable to you. Want to Upgrade?

To: Harryx who wrote (29)	4/5/1998 2:59:00 PM
From: Ward Nicholson	Respond to of 102

Harry: Wait a second.... Do you really belive that the short position you posted is significant in a 7.5 million outstanding position which has gone up 5X in a few weeks. PLEASE!! a) I'm willing to assume that the short position total is a lot higher now than on 19Mar98. In addition, you'll notice that no short positions were being covered on the downspike that occurred in the middle of March. Interesting, no? b) The trend in short positions is much more important than the raw total. As you can see, some of the bears have woken up. Longs should take note of that. c) You should realize that the unregistered short position is a lot higher than that officially posted. d) I don't know about you, but if I held a security that had raced up 5-fold in a few weeks, I'd surely be piecing out my position. You know Harry, you're the one who seems to be the sensitive one here. I'm just doing my best to provide objective reasoning why I'm shorting PYT. While I'm in disagreement with you, notice that I'm not trashing the company, fear-mongering, or using loaded terms like "it's a no-brainer". You're the bull. I'm the bear. Let's just set the bar at $5.25 and come back later to see what PYT has done. Gotta love this game, eh Harry? WN