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Non-Tech : RAINFOREST CAFE
RAIN 4.000+4.4%3:57 PM EST

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To: brent groh who wrote (428)8/9/1996 5:15:00 AM
From: Dennis Vail   of 4704
 
Brent the Canuck,

Congratulations on a bold and with a little luck highly profitable stategy.You must have been studying Mr.Gann as of late.

Congrats also on the 'bomb' stock you shorted.How did you do on that one,BTW.Last time I looked it was dropping like a bomb!!

If I may suggest,why not start buying back RAIN at about 28.(maybe like 50%).That way you can break even ,even if it shoots up to 36.(except brokerage costs,hope your using someone like Lombard for your short term trades BTW).And in all likelihood the second 50% should show an additional profit if buy in increments as it drops past 28 and then starts back up.Be careful though, RAIN is nothing if not volatile,going up as well as down.You could even sell the 50% you bought back at 36 if you we're willing to risk being on the sidelines permanently.

Good Luck,
Dennis

P.S.Where's the new NHC thread?I found the one in Communications as you might have noticed.
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