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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT -- Ignore unavailable to you. Want to Upgrade?

To: Ron Harvey who wrote (755)	8/27/1998 12:35:00 AM
From: PaulB	Read Replies (1) \| Respond to of 1096

Ron Perhaps you can explain what the WSJ to me is. I am not familiar with them. The place I usually go to find a short position is the following thread. viwes.com It shows a short value of: 07/98 of 255,404 shares 06/98 of 312,612 shares These values are only calculated on a monthly time frame and I believe it is impossible to get real time values as you would need to pole every brokerage house in America to be accurate. I would also differentiate with you ( and please correct me if I am wrong ). If an individual shorted 50,000 shares on a day of 100,000 volume and with the market in a general down trend it could have an immediate effect on the share price and may cause a panic. Now add in the confusion of a few libels nay sayer on yahoo and then couple that with some stop loss sales you might have or start a down word movement in the stock price. Particularly if you could scare a few shareholders into selling. I am very long on GBIT and plan on the price moving towards the 2.00 range over the next two months. But I would not minimize the effect that shorter's may have or the slander that is being spread about the company. Paul