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To: umbro who wrote (11771)	7/25/1998 10:41:00 PM
From: Rob S.	Respond to of 164684

Nice to see the short interest pressure down a bit.

To: umbro who wrote (11771)	7/25/1998 11:16:00 PM
From: llamaphlegm	Read Replies (3) \| Respond to of 164684

Gary: Same data reported in NYT. When I read it (under largest decrease in short position table) I thought, it looks like the weak undercapitalized were shaken out of the tree. They can try a repeat squeeze, but do the bulls think that those who boxed the first time will suddenly be gripped by a brain aneurysm and forget to do so again (or buy to cover). Uh, not. Mark F. -- question -- when the cfo of amzn goes on record in an interview stating that the redetn run up in stock price has something to do with the short squeeze, i assume that you too will call this slab of sh-t a "diamond" only insofar as it stays voalatile for you -- up and down -- and that you wouldn't go so far as to claim it's a good long term investment at these prices. if you are making the latter argument, kindly refer to earlier email. LP

To: umbro who wrote (11771)	7/26/1998 12:33:00 AM
From: Jan Crawley	Read Replies (3) \| Respond to of 164684

Date Short Int. Ave Vol. Days to Cover Price %Float 07/98 7315908 6115400 1.19 99.50 67 06/98 8745144 2073044 4.22 61.00 80 05/98 8625816 2347938 3.67 45.69 78 Gary, If the float is 11 Million shares, less 7.3 million short interests, then the Float controllers control no more than 3.7 million shares? Somehow it does not make sense. Why does the short interest remain so high?? after 6 weeks' intense pressure...B/C: 1. Short interests are controlled by well-capitalized professional shorts..? 2. Shorts have been boxing, not covering..? 3. The float controllers are major short sellers of Amzn...? Ty, Jan