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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Shea who wrote (8767)	6/28/1999 4:40:00 PM
From: flyboy	Read Replies (1) \| Respond to of 57584

Kevin I have used this site to indicate trends in this stock AWEB... thomsoninvest.net Keep in mind that this is down on very low volume 2 points from over 13... During volume declines are the only time this has gone down in the last couple of weeks...Mainly a confident short position growing...Notice the decline days ALL LOW volume days JUNE 17 and 21-28th...I am still calling for a BIG rally this week...Good Luck!

To: Kevin Shea who wrote (8767)	6/29/1999 3:17:00 PM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Kevin, I may need you to crank up that IPO machine of yours again. . . can you set it for picking secondary bottoms on recent IPOs? Here is what I am sensing. An over shorted position on recent IPOs that ran up just prior to the big high-tech slaughter. . . .especially those with a small float. . . So investors bought the float. . .sent it to the sky. . . then the bottom drops out of the market prematurely. . . and shorts come in and drive the recent IPO down hard. . . .too hard. . . .my feeling is that many have still not sold off their shares. Could it also be that the WITC mania is NOT over their future or that of the sector?. . . but merely on the volatility and the short-covering that sent it half the way up . . . and the low float and subsequent mania that sent it the rest of the way up. . . .along with the Barneys that FOLLOW the action with their upgrades. I would be interested to see what happens when interest comes into another from this group. . . like flyboy's TGLO. . . or AWEB. . . or HLTH or TURF or TSCM [not for me. . .just for comparison] or ABTL or or or SBUX or similar stocks [you pick 'em] that hit it big [especially those in the mid-to-late spring]. . .then crashed with market. . .and have been floundering since. Would love to hear views on this speculative play. Rande Is