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Microcap & Penny Stocks : PKGP (Packaging Plus) -- Ignore unavailable to you. Want to Upgrade?

To: Jim B who wrote (2630)	5/28/1998 8:15:00 PM
From: Shashidev	Read Replies (2) \| Respond to of 4783

I'm trying to understand something about the "short position" on this stock. ICC is saying that PKGP has around 35 millions outstanding shares, and the "short position" is between 30-90 millions shares. On July 1st PKGP will have a new name and call all the shares back to make that change. If the short position is higher then 35 millions shares, won't the MM's and shorters have to fight like crazy to get these shares? In other words what will happen to the MM's and shorter when the transfer agent will get all the 35 millions shares back and realize that they are millions of shorted shares floating around?

To: Jim B who wrote (2630)	5/28/1998 8:54:00 PM
From: Loren S.	Read Replies (1) \| Respond to of 4783

Jim, Top Dog has got quite a few winners lately, including CITN, EDII, ICVI and TSIS (soon enough). In fact Top Dog has probably done about as well in the past couple of weeks as it's ever done. Despite the recent success, so far you'ye to hit a grand slam on any stock I've seen you follow (like a DGIV or INFE), but your time may yet come. Let's face it PKGP is not in the same league as most of those stocks mentioned above, especially TSIS and CITN. Those stocks have more substantial business, are profitable and have much less risk. PKGP is much more of a gamble stock. They are on much shakier financial ground from what I've read. The stock price has done nothing but tank in the past year. We are hoping for a big turn around here. And maybe a little bit of a prayer. But if it hits, the rewards have the potential to blow away anything that Top Dog has yet recommended. Just my opinion.