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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD)
AMTD 0.995+2.5%Nov 24 3:39 PM EST
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To: BWAC who wrote (414)9/26/1998 8:26:00 PM
From: Gil Gilbertson  Read Replies (1) of 1848
 
I believe life on the Amazon will change soon with the IPO of
Barnes and Noble soaking up the money... I am sure insider selling
is showing us the owners feel that way too. When this baby breaks
it will be straight down in my opinion and any reasonable owner of
record would have to realize that large stock positions should
be converted to cash while the iron is hot....At any rate I wouldnt
bet the farm on anything but its fun to stick your finger in the fire. I think professionals have huge short positions in the area
above 109 and will be glad to sell takers any amount they want at
that price or higher, knowing they can buy it back later at a much
more favorable price...... Yankee Gil
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