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To: Russ Howard who wrote (2649)5/29/1998 1:25:00 AM
From: PHILL  Read Replies (1) | Respond to of 4783
 
Maybe I am missing something, but lets say they shorted 50% of the float. So tommorow morning they start buying like crazy to cover at 6 cents a share. Who are they buying from if everyone is not selling, seems like the only way they could sell more shares to the short coverers would be to short more stock. Sounds like an exercise in futility until they raise the price high enough to interest someone who actually owns the shares to sell to them, thats the part I like.HEHEHE

best to all

PHILL



To: Russ Howard who wrote (2649)5/29/1998 1:27:00 AM
From: Qone0  Respond to of 4783
 
Yep they need to start covering their short position.

I find it interesting the timing of jim b's source of imformation going from " the financing is in place." To " the financing is not for sure yet."

I find it very interesting.

ROB


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