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Monday, September 10, 2007 3:25:14 PM
On the shorts - Short Squeze shows some where around 350k. I have a hard time believing the Iceman's numbers in the millions more than the float. I read somewhere that some brokeage houses will allow 1.5 times what they have on hand to short. Even with this it is hard to believe the Short Squeeze is off more than 100%. I believe the 144s with 600-700k shorts is what has been driving the price down.
On the earnings it looks like it will be around the 4th qtr before Atoll numbers can be rolled into their consoliated balance sheet. It appears they have made progress on the auditors that can now go into ATOLL to do the NNRI's auditing.
On the earnings from Atoll it looks like it will take a little while longer do to the European summer shut down for the summer. They are still getting back from their vacations. Boy it must be nice to get 5 weeks vacation. This is some of the input I got from the company. I do believe this company has good mamagement but sh*tting PR.
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