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To: Randy Ellingson who wrote (70389)7/28/1999 6:14:00 PM
From: Sarmad Y. Hermiz  Respond to of 164684
 
>> What's your timeframe/priceframe for your EBAY short?

I'll cover at 110 (if it goes against me). If it drops, there should be some bounce at 100, since it found some support there yesterday. If the bounce is weak (only small lots under 1000), then I'll keep the short until it encounters large volume buying. By the way, there has been little of that in the past few days. So it leads me to believe that funds are not buying yet. In contrast, there are a lot of large block trades in AOL/AMZN/YHOO. Of course those have more shares in the float, also.

But tomorrow may well be a strong up day. The e reports so far this evening have been stronger than expected, especially tech. KLAC, VECO, CPQ, MTZ, etc....