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To: John S. Baker who wrote (3364)6/9/1998 9:43:00 AM
From: anthony karpati  Respond to of 4783
 
Rob, If what you say is true about 80M shares (44M naked shorts) then we have the potential for a hell of a short squeeze. I missed your post last night, because I was typing mine at the same time. This means that the remaining $400,000 of convertible preferred stock won't help the shorts very much. They could only save face on 5.5M to 6M shares with that. The next question is what is keeping the stock in such a tight trading range... more undeclared shorting? IMO, with 80M (unoffical) shares outstanding, the preferreds don't have enough leverage left with convertible shares to control the price.

Someone please correct me here if I'm missing something. I don't have all the facts and this is a very simple minded conclusion, but if it's correct... hold on to all your shares. Don't sell into any run up. At least not until after July 1. We need SOLIDARITY (to stick together). I hope we're on the right track. A short squeeze on this on could be enormous...check the history on ICVI, INFE... but even on fundamentals this company looks GOOD. CAN YOU PLEASE POST MORE DETAILS ABOUT THE SHORT SITUATION ROB?