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To: re3 who wrote (68470)7/20/1999 8:21:00 PM
From: Lizzie Tudor  Respond to of 164684
 
I just think this is a short term correction ike... I don't think its worth buying puts on the nets because the premiums are so high, unless you get a major rout its hard to come out ahead. Otoh, shorting some of these will work especially the junk... I actually think gnet is going to rally in the coming weeks if you can believe that, it was up today (not hugely but up) on higher than avg volume