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To: Sarmad Y. Hermiz who wrote (63234)6/18/1999 10:11:00 AM
From: KeepItSimple  Read Replies (2) | Respond to of 164685
 
BTW, anyone looking for a quick buck needs to load up on puts across the net spectrum. All my charts just turned negative, and everything is bouncing off resistance like a gnat against a brick wall.

Placing an order for july 110 puts in AMZN _and_ AOL. Funny how their prices are now exactly the same!

(well, not really, considering the only purpose of stock splits is to make the public forget exactly how overpriced these pieces of paper are)

The bottom is falling out. GET OUT NOW FOLKS!!!!



To: Sarmad Y. Hermiz who wrote (63234)6/18/1999 11:36:00 AM
From: Tradegod  Read Replies (1) | Respond to of 164685
 
Sarmad, I saw it on the wire at about 6:26 PM EDT. First reaction was this morning. Still like what the CEO said:

''The warehouse relocation factors are one-time issues that we are now correcting. We are incurring additional expenses to address these issues and improve customer service through this period,'' said Rob Cain, Chief Executive Officer of Valley Media.
''Demand across our entire product line from both traditional and new media customers remains strong and therefore we expect to report strong EPS growth for the full year.''