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To: TraderGreg who wrote (1078)	5/12/1998 12:43:00 PM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 4783

Trader, this seems a clever way to zap the illegal shorts if any. Changing the name and reissue requires actual certificates to exist. The other neat thing is that actual shareholders will get the benefit for low cost shares (warrants) that help fund the company. Win/win all the way IMO. This is a naked short killer!!!!!!!!

To: TraderGreg who wrote (1078)	5/12/1998 12:48:00 PM
From: Magic RN	Respond to of 4783

Trader & Jim B: I just called Waterhouse and asked that they mail me 25000 shares in certificate form. If we all do this we will get the MM's at their own game. Mr. Richard said he believed there is a huge short position in this stock. Clever move ! Great for those of us who have been long for a while Carole

To: TraderGreg who wrote (1078)	5/12/1998 6:01:00 PM
From: John S. Baker	Read Replies (3) \| Respond to of 4783

I'm more familiar with larger-valued stocks than with pennies, but.... If I short a dividend-paying stock, I have to pay the dividend to the person from whom I borrowed it. (The broker who holds my account actually does this without any intercession on my part.) It's a straightforward, though occasionally painful, process to do this when the dividend is described as a certain dollar value. But when it is described as a warrant ... unobtainable on the open market! ... I don't know the effect. Hopefully this is all part of a neat short squeeze. Dreaming now ... how would you like to be short nonexistent shares and faced with the prospect not only of buying shares to cover on the open market, but also of conning a legitimate shareholder out of his warrants (after they are issued) so that you can deliver them as well! Answer: I am not that adventuresome!