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To: cheehen ching who wrote (4646)6/29/1998 9:11:00 PM
From: Riley G  Read Replies (2) | Respond to of 4783
 
Tonight at 00:01 EST (before the open tomorrow morning)!

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Complaints to regulatory agencies haven't stopped the practice of undeclared short selling. However, one way companies can protect themselves is to recommend to shareholders that they take physical delivery of their stock certificates. When physical delivery of stock certificates is demanded by a significant number of shareholders, the creators of nonexistent stock can be squeezed. The short sellers won't have stock certificates to deliver and thus they will cause losses for them and will cause them to move their undeclared short activities elsewhere.

Riley G