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To: Don Green who wrote (12671)	5/5/1998 1:28:00 PM
From: Alomex	Respond to of 213177

I think at this trading volume we still have another three weeks to go before the August investors are flushed out. When the laggard analyst changes his rating we could see a spike up in volume that might shorten the flushing period by a week or two...

To: Don Green who wrote (12671)	5/5/1998 1:59:00 PM
From: Phillip C. Lee	Read Replies (1) \| Respond to of 213177

<<Considering the price barrier of shorts at 29 3/4 is HUGE.. If 29 3/4 is broken the short covering action should push the price above 30-31 level very quickly. Just a thought.>> Well, I don't think most of shorts are intelligent enough to sell at or around $29.75. Instead, they are in some kind of distribution, e.g. uniform dist., or maybe normal dist., and the prices ranging from $26 - $29.75 with $27.5 at the peak if choosing normal dist. However, $29.75 is a psychological barrier, which represents a yearly high. Hence, from short position's viewpoint, the current level already provides them enough uncomfortable feelings, which much easier to trigger any covering back action. We need an event that may be big enough to trigger shorts cover's chained-reaction. I enjoy the current moment of shorts terrible feelings, similar to that shorts enjoyed the moment when the longs suffered about six months ago. Hence, I wouldn't mind the price picking up slowly since the longer it stands at this level, the more shorts will suffer. Hmmm..., it's time for the long to enjoy the long last-waiting victory. Phil

To: Don Green who wrote (12671)	5/5/1998 2:03:00 PM
From: HerbVic	Respond to of 213177

Naah! The shorts will hold their tater overnight looking to cover tomorrow afternoon, after the 'sell on the news' frenzy. Always remember that shorts are generally long on opinion and short on real knowledge/interest in the company being shorted. Just my conjecture, HerbVic _____ 27 7/8..at the close Considering the price barrier of shorts at 29 3/4 is HUGE.. If 29 3/4 is broken the short covering action should push the price above 30-31 level very quickly. Just a thought.