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To: Bilow who wrote (12852)	8/7/1998 9:26:00 PM
From: Rob S.	Respond to of 164687

The float has apparently increased to as much as 13.9 million currently with several million more shares due to come available this quarter and next. A few stock reports show 13.9 million. The amount of shares coming available is based on the recent conference calls and acquisitions. The numbers may not be precise, but its fair to say that the "real" number is much more than 7.3MM that some services are still reporting.

To: Bilow who wrote (12852)	8/7/1998 10:01:00 PM
From: DLS	Read Replies (2) \| Respond to of 164687

Wow, I really appreciate that detailed response. It is the reason I like SI so much. BTW I am also from Seattle. Still it seems that a relatively low percentage of shares would be boxed or borrowed and not sold. I would be inclined to still believe the 97% number that I saw at Quote.com. (97% of the 7.3million loaned out 7million or so times) hence the approximately 50% 50% long/short ratio. Also I noticed the borrowing problem ocurred when the price was $120-$125. There were plenty of borrowable shares at DATEK the day prior to the $125 run-up, then the next day everyone on the net was complaining about no shares. I think a lot of those shorts took their $10-$20 point profit at $100+ driving the stock up near $120. I think the fact that it failed to reach the point where these shorts entered is an indication of this reaction. I think the $100 barrier will be breached much easier now that the weak hands are gone. Of course just my opinion. Anything could happen. I have some gambling money on this tanking. Regards, Dls

To: Bilow who wrote (12852)	8/7/1998 11:41:00 PM
From: zax	Read Replies (1) \| Respond to of 164687

I appreciate very much the excellent thoughts, insights, and knowledge you have shared from your well worded post. I have a question and some comments. You said, On the other hand, a lot of shorts had to buy back shares when their declining equity caused a margin call, but this is not a true short squeeze. If you are correct, then what is the correct term for this type of event? Virtually everyone refers to this as a short squeeze, as shorts are in fact being "squeezed" out, and large firms employ trading strategies to amplify this effect. Even in absence of complete control of the float, it would seem to me that the cuumulative effect of these large firms strategies is one and the same. If I am using an incorrect term to refer to this phenomenon, then would you please be so kind as to correct me (and the many others who may be making the same error of terminology), and if you know, tell me what the correct term for this phenomenon is? Thanks, -- Eric