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To: LaShark who wrote (9229)	10/23/1998 8:51:00 AM
From: Just My Opinion	Read Replies (2) \| Respond to of 26163

LaShark: Don't expect a civil response. Anytime someone suggests calling certs, certain people, and btw they are always the same people, will shout you down. I have even heard it from the people that do the naked shorting that this is the only certain way to counter it. The reason I believe it doesn't work is because usually these BB squeezes are masterminded by amatuers. The ones that have worked ktel, resorts int'l, presstek, iom, were done by the pros. In addition, they (to my knowledge) don't have all this "publicity" before they spring the trap. The BB's have these "mini" squeezes, I believe, but then either the company breaks it too soon by issueing shares, or the hamburger players break it by taking what they consider enough money, and that is usually a dollar or two.

To: LaShark who wrote (9229)	10/23/1998 10:01:00 AM
From: tonto	Read Replies (1) \| Respond to of 26163

LaShark, the perfect squeeze scenario orchestrated with only 10 investors... Sounds to me that based on 100% participation and no one selling, your analogy of short positions having to be closed is correct. The question becomes more complicated when one adds in the offshore naked short position. The position started out naked and as I have read with requirements of up to 200% in the account. As long as one continues to feed $$$ into the account to meet margin requirements a naked position offshore can possibly be kept open indefinetly. As to mm's in our country, I have not been able to find anything in writing about approaches they take to avoid (if they can) the big hit. Maybe someone like Arcane can find something on this. In a more real scenario, with many more shareholders, all not having the exact same goals, other variables enter which makes for great discussion about the effects of the squeeze and how certain individuals play it out on both sides regarding buying, selling, covering, and maintaining their position.