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To: Dalin who wrote (1616)	6/14/1999 7:20:00 PM
From: Stephen	Read Replies (1) \| Respond to of 10027

The Nasdaq market is short term oversold right now, with some of the high-beta stocks heavily shorted. Many shorts will want to lock in profits before the CPI number is announced. So, if anyone wants to get out of their long NITE position, there should be a nice opportunity tomorrow ... just make sure you don't sell out too cheaply !!. I'm going to (long) trade a few stocks as there should be a bounce or two around tomorrow .... and NITE looks like one of them to me.... so good luck .... and ... rather than respond to shorters who continually post mindlessly repeating the same story again and again ... best to skip the posts. Anyone who can't make a point with a couple of posts a day isn't worth reading .. and responding to them only gives them an excuse to post some more ... which ruins the quality of the thread. Stephen

To: Dalin who wrote (1616)	6/14/1999 7:25:00 PM
From: Patherzen	Read Replies (1) \| Respond to of 10027

There is a divine justice even for NITE... Looking at the broader picture... if May was a low volume trading month, perhaps July earnings won't overkill the street. The upshot is that you must hold longer term (at least one more quarter) and the volume trends reverses..increases...the following earnings quarter will dazzle the street in comparison to this coming quarter. Remember NITE in IBD has a 99-99 AAA rating- the highest in their universe of stocks Other reports like Stellar Stock recommend buying NITE up to 225 with a target price of 300. I will hold my position. Are we finding out that Rome wasn't built in a day? I think not... reality is just setting in- Patience is Queen. Regards..Patherzen

To: Dalin who wrote (1616)	6/14/1999 7:30:00 PM
From: zurdo	Read Replies (1) \| Respond to of 10027

Dalin, The biggest losses being suffered by Schwab is due to its subsidiary, MASH, in my opinion....Both NITE and MASH have followed the same modus operandi for the last several months, systematically sucking the juice out of what are disparagingly called the internut stocks by shorting and coaxing the prices downward....They have chased the online investors and daytraders away....They have simply outdone themselves....What now???...Where is the money to come from now????....We will see the 30s tomorrow....