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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: David Colvin who wrote (7389)	12/1/1998 9:54:00 PM
From: Handshake™	Respond to of 25548

To ALL: ***** Please write this a hundred times on the blackboard and scorch this into your brain...This is what patience and persistence will do. Why do you think the Internet stocks are flying. "cause stupid MM's & Specialists" keep going naked on these things. o But there have been 40 million shares requested!! The TA tells the brokerages there are no more shares available! But the brokerage is legally bound to deliver the shares, so they go into the open market and buy them at whatever price they have to pay...period. Guess who they must buy from?...the legitimate shareholders who are sitting on registered certificates. They can practically get they want for the shares because they are scarce as hen's teeth. At this point the stock is not trading on fundamental evaluation!!!

To: David Colvin who wrote (7389)	12/2/1998 12:32:00 AM
From: on parole	Read Replies (2) \| Respond to of 25548

David, very good in depth response. I didn't say it couldn't happen, I said it probably wouldn't. I still say the odds are greatly in favor of it not happening, but if it does, great, I will profit in a big way along with the rest of you. I understand your hypothetical and understand how MMs work. They sell stock they don't have all the time, because if they can't perform the brokerage firm will find one who can. The reality still is most of the time this doesn't work. It is being done all the time with many of these stocks. BNEZ is a stock with a float of around 4,000,000 I believe. They have a real product and the principals are ex Wall Street guys. If anyone has the capability of understanding how to execute a short squeeze it's these guys. And guess what, no short squeeze. I can name many others that this has been tried with no positive results. I called for my certs once and they were in the process of being transferred and my broker would not allow me to trade, so I'm glad yours will. Anyway if I'm wrong I will gladly acknowledge it but I'm not counting on having to do so. Realist