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To: dennis michael patterson who wrote (34365)	1/11/1999 4:48:00 PM
From: GST	Read Replies (1) \| Respond to of 164684

Dennis -- I have to run, but allow me one more observation -- this one is more idle speculation than grounded in reality. Lets say there are several hundred hedge funds, each leveraged around 10 to 1 and playing with the nets. They squeeze the shorts on the way up cause they know they can and the day traders think it is all cause they are smart and powerful so they get bolder and bolder (YHOO up 100 etc.). Some poor souls fight the trend and get killed by shorting on the way up. Others make a fortune, in and out and margined like there is no tomorrow. Then the tide turns as the hedge funds have squeezed all the shorts and now trade places and the Fed is getting really annoyed, so the hedge funds short every share they can get their hands on while buying on the long side to keep the stock on an even keel (like 17 million shares or whatever today mostly around 175). Then they dump the stock. Nobody else can go short. The day traders? Will they smell it? Seems the answer might be no. They are now so bold, like I was at eighteen after a few drinks. Ever been there? Watch your money, somebody might have plans for it.