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Microcap & Penny Stocks : All American Semiconductor (semi) -- Ignore unavailable to you. Want to Upgrade?

To: PHG who wrote (711)	6/2/1998 10:53:00 PM
From: Harold Feller	Respond to of 952

Hello Phil; IMO, Shorts are professional money tool as the average investor doesn't or can't short penny stocks. Large increase in shorts as stock moves up indicates MM's could be selling borrowed stock. Large short position by MM's may put a lock on the price. May98 short interest is as of the 20th of the month, so its just a monthly indicator. Lew Lieberbaum a MM is/was on board of directors of SEMI. Many different opinions here at SI on short interest, maybe someone else would like to comment.

To: PHG who wrote (711)	6/3/1998 7:55:00 AM
From: Arthur Tang	Read Replies (2) \| Respond to of 952

Thank you, Phil. Short interest today is generally the brokerages borrowed stock to sell to the new customers. They have no time limit to return the stock. But they have to make money buying them back, sooner or later. That is fact. What actually happens is more complex; but the short interest is too small to be bothered in this case with SEMI. Some loaners may call the stock back, the brokerage may lose money. But in general, brokerages keep stock prices low to buy the borrowed stock back.