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Strategies & Market Trends : Fatty's Donut Shop
KKD 21.000.0%Aug 4 5:00 PM EST

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To: Matt Brown who wrote (2323)7/15/1999 11:12:00 PM
From: gladman  Read Replies (1) of 5041
 
FM,

GNET should be a MONSTER into earnings, caution though b/c it can swing violently and is a short candidate to many, in fact recall what we discussed recently, i'd be a buyer of GNET into earnings and short it immediately after they report.

The perfect earnings play, IMHO of course, is long 1-2 weeks prior to earnings, short the day after it reports into the selloff then intermediate long after the pullback upturns.

ELNK is a perfect example(although a violent one as well): it was up 7 into earnings, sold off today after they reported yesterday and I anticipate an upturn after the selloff goes too far.

I'll keep an eye on GNET and let you know when I feel it's in an overbought condition. Dave
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