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To: Robert K. Sims who wrote (6852)	7/9/1998 5:01:00 PM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 10786

I hear through the grapevine that a large bank in New York was either very interested in buying or perhaps buying today. If true, then it confirms why such big blocks have been moving recently and also gives me confidence that institutions are starting to get back into Y2K. As a large number of shares are held by so few people (I can think of three people who own a combined 2M shares, or 1/3 of the float)... and these people aren't selling... it must mean many of the available shares are still from short sellers. The powderkeg is still getting packed. Just glancing at the short interest figures, my guess is that about 400K is around 17.5, 200K is around 15, and 400K is around 13.5. Since I don't short stocks I don't know how shorts think so I can't figure out at what price we could break them. I do think if we can hold out at least until next Tuesday when Clinton speaks we might then get all the momentum we need. - Jeff