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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!! -- Ignore unavailable to you. Want to Upgrade?

To: Andrew Garrison who wrote (2710)	9/4/1998 5:09:00 PM
From: Chopper One	Read Replies (3) \| Respond to of 4230

Here is an update from Quick Picks.... homestead.com - JAWS (Great White Marine - formerly Tigershark Enterprises). We have recently learned that the largest shareholder has begun requesting stock certificates in an attempt to initiate the impending short squeeze. Our sources tell us that the shareholder has requested one million certificates and will request more if necessary. The short position is believed to exceed the float and this is perhaps the largest short position we have ever heard of (Iomega's was 33% of the float, KTEL's some what higher, Amazon.com was rumored to have just over 100% of the float). What does this mean? This means that it is theoretically possible that JAWS, which is currently trading just below $3 per share, can trade upwards of $50 to $150. Even though JAWS does have excellent earnings and excellent growth (25 cents per share earnings so far this year) which could give it a fair market value of about $10, we are now convinced that this stock will trade much higher because of the impending short squeeze. Basically this stock will not be trading higher because of its fantastic fundamentals, it will be trading extremely higher because of forced buy-ins and investor enthusiasm. Check out the JAWS Message Board at Yahoo Finance. There are currently 28,000 messages and climbing rapidly: Go to Yahoo JAWS As Always, Quickpicks will not be held responsible for any trade that any individual may make