8000 Incorporated (EIGH)

[Lockman]

Huge NSS position on EIGH and here's how they do it....

"The DTC, as a service to its prime broker - member/owners, notifies the broker when a position is about to become a fail-to-deliver. The broker may send the position out of DTC by transferring it overseas or doing a match trade with another party. The position may be returned to the DTC where the account is marked to market (value) and all of the time requirements of naked shorting are reset. The cycle can be repeated as often as is necessary to keep the positions naked."

EIGH will have it's day......jmo