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To: Ben Antanaitis who wrote (9056)	4/14/1999 12:57:00 PM
From: Rocky Reid	Read Replies (2) of 10072

IOM $5 1/8 ... Tempting Short...Just sold IOM long position at exactly breakeven. With IOM currently above $5, it makes a tempting Short candidate right now. Earnings are due tomorrow, and CEO Jodie will more than likely issue an Earnings Warning concerning 2nd Quarter 99 results. This will send IOM tumbling to perhaps below $4. It's so tempting to pull the trigger right now, but maybe I can get an even higher Short price later in the day...More Suckers could take the bait and Buy IOM... ps. I am disappointed in my breakeven IOM sale today, but very happy indeed about my 150% JBOH Profit (in just 5 days).

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