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Technology Stocks : IFLY - travel sales on the web pure play -- Ignore unavailable to you. Want to Upgrade?

To: JBruin who wrote (3025)	12/30/1998 4:22:00 PM
From: simarx	Respond to of 4761

You are right JBruin, I am also hearing that it is almost impossible to find stock to short against. A lot of the shorts are stuck at a much lower price point, some pump and dumpers you may recall were shorting in the 6 to 8 range. There are some people bleeding on this one and they do not even have the hope of averaging their short position. "The Sky is crying, see the tears running down the street." PS I'm hoping that a lot of the restricted stock is made up in that short position, which is probably double what it was on Dec 15. In any case, the cover buying will surely provide excellent buy pressure against any dilution. Floats as small as this create tremendous and sometimes terrifying swings. There are more investors interested in this stock than there is stock to go around. Some dilution may add stability.