Working All Day, But Trading Behind the Bosses Back Thread Message Board

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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread

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To: Mark[ox5] who wrote ()	2/2/1999 4:31:00 AM
From: Mark[ox5]	Read Replies (2) of 779

Current SHORT term positions and reasoning: I forgot to add that I bought PWCC today Float 600,000 shares, 11% of Flashnet which will be IPOing in late February. This is a minor backdoor parent IPO play, but the float is so small I thought it was worth a try.. already has started a run up.. Portfolio: (right now its sort of a mess... too many positions) Broadcast.com (BCST) - common shares, holding for spike assosciated with split (re-started position today) Downside should be limited to lower $140s.. Broadcom (BRCM) 2 positions Feb 130 CALLs (for 2/17 split play) May 130 CALLs (longer term hold) Downside here should be lower $130s (20 day moving average) DCTI on news story... came out earlier than I expected (today) Spiked up 20% today, bought in low $7s this AM, we shall see what it does tommorow NAVR .. you know the story, IPO blah blah PRFM .. blah blah PWCC .. IPO of Flashnet at end of month, 600k float AMZN Feb 130 CALLs for 60 Minutes on Wednesday and general internet uptrend that should be seen early next week. (Note: AMZN still has a lot of potential downside .. i.e. lower $100 levels) AMZN really needs to break through $123... has lots of problems with it. Chart looks a lot like Broadcom did before it announced stellar earnings and 2 for 1 split. YHOO Feb 370 CALLs *YHOO Feb 360 CALLs Playing both for split.. Yahoo could have another 10-20 points on downside, but not worried about this.. if/when YAHOO hits 400 (pre or post split) these will be worth 100% gains. Good luck! Mark

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