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Biotech / Medical : WAND (Milestone Scientific) -- Ignore unavailable to you. Want to Upgrade?

To: ram yariv who wrote (505)	5/14/1998 10:59:00 PM
From: James Young	Read Replies (1) \| Respond to of 717

ram - I just recently bought some shares of WAND. Can you tell what the short interest on WAND is?

To: ram yariv who wrote (505)	5/15/1998 12:49:00 PM
From: Mason Barge	Read Replies (1) \| Respond to of 717

ram - I've heard a large number of plans on message boards to squeeze shorts by removing shares from margin accounts, but I've concluded that these are still a nice daydream. I can't imagine my couple of thousand shares are going to make a difference, and furthermore, short interest doesn't bother me one bit. As far as I'm concerned, it is a delayed benefit -- the technical downside comes when the short sales are executed. Now, there can only be a short-term benefit at some time in the future, since covering the shorts will always involve buy-side pressure on the stock price. In my very humble opinion, better just to let it happen when it happens, unless you've got the clout of someone like Gintel. No substantial squeeze will occur unless there is some strong external upward pressure, such as a fabulous earnings report, enough to cause margin calls for overextended shorters. In the meantime, I don't want to cramp my style by lowering my ability to margin (although I currently am holding some cash). If there is a big crash, I want some leeway to buy in immediately.