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To: PACKRATCAT who wrote (4533)	6/29/1998 11:22:00 AM
From: Patrick Lauder	Respond to of 4783

The high volume could be the MM's buying and selling amongst themselves. I doubt if it is the company selling more shares as I think they have to register or something. Has anyone heard the status of ICC in all this? TIA, Pat

To: PACKRATCAT who wrote (4533)	6/29/1998 11:25:00 AM
From: TraderGreg	Respond to of 4783

A lot of the high volume is MM to MM exchanges to give the impression they want to give at any point in time. To be precise, I guess I should have said there's no excessive short covering going on right now. There is always going to be a short position...in any stock. But it clearly isn't a problem for them right now. I still believe that a lot of the runup in price,when all of this verified news was just rumor, is when many of the shorts covered. That certainly would help explain why, with all this recent news, we have yet to come close to the trading ranges back in May. TG