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Technology Stocks : NetGravity [NETG]

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To: Big Al who wrote (552)	7/2/1999 5:14:00 PM
From: Stephen	Read Replies (1) of 589

Big Al, Jagnotes is a membership site I believe. I hadn't heard of them till the last few months when CNBC started mentioning their rumours. Interestingly, they have been remarkably accurate from what I can remember ... at least on the ones CNBC have mentioned. One rule of thumb as far as rumours go ... so I understand, is to check the options action. If there is large buying of calls, it supports the rumour. If there is no option activity, forget it.... !. The only thing I'd add to this is that I recall that one of the CNBC reported Jagnotes rumoured takeovers was not supported by option activity ... but happened anyway. Frankly, many of the second and third tier internets are doing well going into earnings season anyway. Downside vs upside looks heavily weighted to the upside to me BWDIK ! Stephen

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