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To: arno who wrote (16219)4/20/1999 11:21:00 AM
From: Americo Burgos III  Read Replies (3) | Respond to of 40688
 
Arno, I was thinking of that earlier. It very well could be. They know tomorrow is going to be a rock and roll day for PNL!

Cheer up people!

Writer(s): Coleman/Leigh

Out of the tree of life, I just picked me a plumb
You came along and everything started to hum
Still it's a real good bet, the best is yet to come

The best is yet to come, and won't that be fine
You think you've seen the sun, but you ain't seen it shine

Wait till the warm-up is underway
Wait till out lips have met
Wait till you see that sunshine day
You ain't seen nothin' yet

The best is yet to come, and won't that be fine
The best is yet to come, come the day that your mine

Come the day that your mine
I'm gonna teach you to fly
We've only tasted the wine
We're gonna drain that cup dry

Wait till your charms are right, for the arms to surround
You think you've flown before, but you ain't left the ground

Wait till you're locked in my embrace
Wait till I hold you near
Wait till you see that sunshine place
There ain't nothin' like it here

The best is yet to come, and won't that be fine
The best is yet to come, come the day that your mine



To: arno who wrote (16219)4/20/1999 11:30:00 AM
From: James Simonick  Read Replies (2) | Respond to of 40688
 
Yes, and to re-establish inventory that has been GREATLY diminished in the last 2 months. You all have seen how hard it has been to get orders filled. We want shares, BUT THEY NEED THEM to do business. When they run out there are only two options I know of - short sell or raise the price. Both produce effects that are in direct opposition from a cash standpoint on their behalf. However, since they control the price, if they;

1) short
2) then lower the price enough to shake shares loose
3) then cover their positions before or while filling buy orders

they can get things back under control and make some money in the process. It only works if we sell or have shares in shortable accounts. Moreover, if we do not sell on the down swings, but buy instead, we will create a situation where the only working out is to raise the price to get shares. IMO we already saw that happen from about $5 up to $8, but at that point selling prevailed. Now if there are more shares in long holders hands (true longs who would support the company, not just daytrade) we should see somewhat higher prices soon and better price regulation relative to volume changes. Here's hoping the longs will keep strong and keep up the good work. -Jim