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To: TraderGreg who wrote (3210)6/7/1998 9:04:00 AM
From: anthony karpati  Read Replies (1) | Respond to of 4783
 
There may be up to 47,000,000 shares outstanding. That's the response I received to my previous post by personal mail (unofficial). If we now have 47M shares instead of 35.6M, then only 15.9% of the stock (held by 52) is accounted for by the recent share count, not 21%. To me at least, it's hard to tell from this count what's going on with the shorts. Do we or don't we have an undeclared short position and how large is it? I guess that's why you guys did the count in the first place. I don't mean to sound negative. I just want to look at this thing honestly from all angles. The company still looks good on fundamentals alone. As I said before, a short squeeze would be an added bonus, but so far I don't believe we know the size of it. Like someone said earlier, we have to have a good portion of the shareholders holding until the end of the month in order to find out. Further accumulation would help. I plan on buying more myself on the first dip (maybe 0.065), but I'm not convinced yet that there is a large short position or that it can be maintained until July 1, without most of us holding on.