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To: unclewest who wrote (2030)	2/3/1999 7:39:00 PM
From: JBH	Respond to of 2489

Uncle....that would be great! One thing we can't discount is the low float and based on todays trading of over 3 mil shares you may very well be right about the shares drying up. We did break to the downside today though and any low volume periods seem to be what the shorts will prey on. There may be more long eyes on this stock then what we or the shorts may know. Re: "partnership" I'm just not sure that is the proper term for the advertising relationship with Microsoft....but no biggy to me..for i am long :) Of course the shorts view it as hype and a nono. Again, would love to see the long interest stay strong before the shorts have an opportunity to take it down and I hope you are right :) But staying prepared for anything with this one. Good luck John

To: unclewest who wrote (2030)	2/3/1999 7:56:00 PM
From: Jay Fisk	Read Replies (1) \| Respond to of 2489

After that CNBC interview the market took a vote and the results were obvious, except to the blind ! What do you suppose the institutional position is - below zero ? It's not a question of IF, just WHEN this over-valued P&D hits fair value, somewhere around $1.25. Short covering unlikely. Gap up? = more short positions. Think about it. Spend a few hours with the 10K filings, get a headache trying to figure out the maze of interlocking smoke & mirrors affiliated vs non-affiliated accounting entries. At the current price, any long positions look temporary to me.