Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (16415)	9/23/1999 2:49:00 PM
From: Kimberly Lee	Read Replies (1) of 108040

Midday summary, took profit on MSTG 9 3/4 and 9 1/4. EGAN's aftermarket performance was lackluster, and even KANA is sliding - it was time to sell the news. jettison most of my allocation in ASFD, EGAN, CGLD, YESM. Still holding 1/2 KANA and 1/3 EPNY. It really doesn't take long for the IPO market to get saturated again, and there are still 10 coming tomorrow, another 30 next week. Again, 85% cash, some IPO shares at the offering price, a few shorting positions and a few puts. Things are looking dicey out there.

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