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To: Jan Crawley who wrote (69952)7/27/1999 9:15:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Jan,

>> I think that you and Sarmad are far better than me in shorting the nets; that's why I pay attention to your
trades. But don't be "greedy" while shorting net stocks, hit and run, unless you really know what you are
doing.
<<

You've got to be kidding. In my opinion, you have absolutely the best record here in trading our favorite stocks long and short. I am learning, but in no way do I think I mastered this skill.

By the way, I bought 500 each of yhoo and AOL at the close yesterday. I hope it works out.

Reason for yhoo is that I have been saying it should trade 130 to 160. So at 133 it was at the bottom of that range. As for AOL, I am not sure why I bought it other than it seemed low for the short term. I learned of the SF supervisors decision later. I hope it doesn't kill my acct.



To: Jan Crawley who wrote (69952)7/27/1999 9:33:00 AM
From: Eric Wells  Respond to of 164684
 
>>But don't be "greedy" while shorting net stocks, hit
>>and run, unless you really know what you are doing.

Yes, I'll admit it was greed that caused me not to cover at yesterday's close (when shorting, should take the money and run). And now I am faced with the dilemma this morning of whether this is a bounce that I can wait through, or a turn-around. I see Ebay currently at 105 (I'm surprised it's up at all) - but it appears to be falling.

-Eric