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Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (842)	8/3/1999 7:38:00 PM
From: Ken W	Read Replies (1) \| Respond to of 1316

Sergio, <TRADE> Sell DIMD at 5 (stop loss) :-( <TRADE> Sell short WSTL at 8.50. The short sell is based on two things...The recent, sudden move to 9 1/2 on a basically fluff news release and the fact that there is close to 9 million shares of convertible debt that was filed to sell "from time to time" in the open market. The debt is in return for 20 million dollars of a loan to WSTL. WSTL has only 6 million in cash reserve and has spent roughly 22 million just to keep the doors open. There credit line is presently 22 million which they are also burning to try and stay in business. All of this against them and they announced in the last Q filing that they see no profit in the next 4 Q's. Ken