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Technology Stocks : (LVLT) - Level 3 Communications
LVLT 53.630.0%Nov 1 5:00 PM EST

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To: Don S.Boller who wrote (668)4/1/1998 7:29:00 PM
From: Phil Jacobson  Read Replies (3) of 3873
 
Just as a disclosure, I sold all my shares today and will look for a good re-entry. It was just too crazy, the movement too fast for my taste. Decided to take the profits so far, and just get out of the fray until there appears to be a solid base. This was like driving out of the neighborhood straight onto an 8 lane highway. I was surprised it topped out so high, but more so that it fell back so far. Didn't sell early as I thought it would bottom at 77 or so then make another run.

Does anyone know if it was possible to short the stock today? It sure felt like that's what was happening but I don't know how to look at that intraday.

Phil
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