Wave Systems Corp. (fka WAVXQ)

[e-class]

Hello Snackman-

I think I remember about 3-4 million shares that have been short for a long time prior to March of this year, maybe even at much higher higher prices than we see now. I also think that it is entirely possible that there are shorts in the subsequent 4 million shorts that are against long positions. This would diminish the possibility of a squeeze though it would be delightful. If shorts are against long shares held- is that information quantified any where?