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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?

To: David Wiggins who wrote (957)	5/28/1998 8:48:00 PM
From: Mike C2	Read Replies (1) \| Respond to of 3458

pardon my laziness re. short interest but CSK research report dated 2/2/98 identifies 29.6 mil. shares as of 12/31/97 with 31% in float. There were obvious many thousands of shares registered as a result of last fall's $10mil financing with GEM Advisors which was evidently converted at prices much lower than the $5/share that the stock was trading at in September. Longtermers will remember the seemingly insufferable slide to below 2.5 early in the year. I don't believe anyone has divulged the specifics of the financing. Were there also warrants involved? What considerations were made for placing the offering? TMALSS ...a long story short, there are probably over 35 million shares outstanding now and possibly low teens millions shares in the float now. IMO a couple of days of short position to cover when you consider the weekly volume below is not that significant 02/06/98 888,900 3 2 13/16 2 15/16 02/13/98 1,138,700 3 1/4 2 11/16 2 11/16 02/20/98 1,451,000 2 15/16 2 2 13/16 02/27/98 1,396,700 2 7/8 2 1/4 2 9/16 03/06/98 1,062,800 2 5/8 2 3/16 2 5/16 03/13/98 2,060,900 2 7/16 2 1/16 2 7/16 03/20/98 7,462,000 3 1/8 2 1/4 2 3/4 03/27/98 7,190,100 4 11/16 2 13/16 4 5/16 04/03/98 2,378,200 4 1/2 3 15/16 4 1/16 04/09/98 1,743,600 4 3/4 3 3/4 4 11/16 04/17/98 4,575,500 6 4 5/8 5 13/16 04/24/98 14,498,400 10 13/16 7 3/8 9 3/16 05/01/98 9,988,300 10 7/16 7 3/4 8 1/8 05/08/98 2,880,600 9 1/4 8 1/8 8 7/8 05/15/98 2,308,500 9 1/16 8 1/2 8 11/16 05/22/98 4,259,200 10 1/2 9 10 1/16 Does anyone know at what % of the float does a short position become significant? Because short squeezes like KTEL or PRST require much more massive short positions IMO. anyway...i'm thinking about the fall...next spring. if the market pressures share value back to the low 8s i will add to my position. there is so much disquiet in the larger indices that some will sell to lock in their gains. good luck to all.. Mike

To: David Wiggins who wrote (957)	5/29/1998 1:20:00 AM
From: Verijke Jan	Read Replies (1) \| Respond to of 3458

Shares bought at Nasdaq can only be sold at Nasdaq. It is not possible to mix them.

To: David Wiggins who wrote (957)	5/29/1998 2:19:00 AM
From: Dr.Rolf W.P.Hensgens	Read Replies (2) \| Respond to of 3458

Avg.vol.@ Easdaq is... ...just too small to make the big buck with the spread. And trading "against" Nasdaq won't continue forever. Europe traded on higher level quite often but sometimes it seems a kind of ignorance (or missing support) rules over there which will lead to the fact that the levels gonna equalize sooner or later. ---------- BTW, Jan - U can buy/sell TRBD wherever U want. No problem. ---------- If I had the say in the company, I would take some spared NR (originally planned to release as rocket from $ 15 to $ 20 <ggg>) to DROWN the shortsters. Would be a definite cleanup for the way ahead. Rolf