[Freebird Forever]

One part of Elgindy's scam was to short Applied Digital Solutions (ADSXE) (the implantable microchip company).
He managed to reduce their market cap by over 100 million in one day.

[RummyChick]

Listen to 27 minutes of Elgindy in his own words about one of the companies that he is targeting...

http://web.archive.org/web/20010411230222/http://insidetruth.com/Companies/Osin/audio/osin.wma

[Rodney King]

One part of Elgindy's scam was to short Applied Digital Solutions (ADSXE) (the implantable microchip company). He managed to reduce their market cap by over 100 million in one day.

That is simply impossible. You can not short on a down-tick, therefore, short-sellers can not drive a stock price down by selling.