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Strategies & Market Trends : Rande Is . . . HOME

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To: xcr600 who wrote (8260)	6/14/1999 2:41:00 PM
From: Rande Is	Read Replies (1) of 57584

Hard to tell if today's selloff is due to the bouyout or the fact that everyone is throwing their nets out the window. I guess we have our answer now. . .DCLK is down 18 percent, whereas the rest of the high flying nets are averaging more like 10 percent. Yes, a billion bucks worth of stock creates some dilution. . . but once more, we are talking about DCLK here. 71 3/4 was today's low. . . which is even lower than I expected. . . and still selling pressure, due to CNBC coverage of the merger. . . so it seems to be panic selling on a down day. . .which can lead to some nice sized haircuts. Might be a good one to buy the bottoms and sell the tops. . .short the tops and cover the bottoms. . .scalping it for some extra cash. Loads of volatility. . . but don't forget that this one has shown us that it can bounce back just as fast. Certainly an interesting play. There were many that "promised" me that the declines of internets I predicted would not affect "their" stock. Well. . .this sell-off has taken no prisoners. Rande Is

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