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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (18418)	8/3/1999 1:00:00 AM
From: Cookie Monster	Read Replies (2) \| Respond to of 56535

Hey Kids.... Just thought I would pop by to see what you are all up to....I see ASCT in J's last post.....god I swore if I ever saw those four letters posted here again I would scream :) Anyway...I mentioned CRNC on Thursday when it was at $0.80 and it closed today at $1. I hear rumors of earnings to be out soon and they are in the black...only 2.5 million shares o/s and 1 million floating. If we play this right we may be able to get a $.50-1.00 pop out of this on news....keep an eye on it but only trade it if you are close to the screen...it is jumpy but being moved up higher. Later, CM

To: Trader J who wrote (18418)	8/3/1999 1:15:00 AM
From: Trader J	Respond to of 56535

SBTK - Keep an eye on this one. Earnings warning cut it by 30%. Fundamentals are not great but there is a 50% short position. May be a nice short covering rally here by Wed. or Thur. Tj