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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH) -- Ignore unavailable to you. Want to Upgrade?

To: R.E.B. who wrote (132)	6/22/1998 5:34:00 PM
From: tom jones	Read Replies (2) \| Respond to of 2153

To R.E.B. and all: Shorting and accounting question on stock buy back. When a company buys back stock it goes into what is called the companies treasury stock I think. Now is this stock still part of the shares outstanding? I would hope these shares and shares held by Leah officers are unavailable to the market makers so they can short more shares. R.E.B. From your homework can market makers short a stock naked and can they hold naked shorts forever? If you find a good reference on how market makers work let me know. Tom