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To: Olu Emuleomo who wrote (75688)8/29/1999 3:40:00 PM
From: Grandk  Read Replies (1) | Respond to of 164684
 
I'm curious what everyone's opinions are on the OLB's, particularly NDB and EGRP. Do you believe they are poised for a run? Cramer criticized the LEH analyst, calling his downgrade "stupid". (At least, this is what I read on RB) Any thoughts?



To: Olu Emuleomo who wrote (75688)8/30/1999 12:42:00 PM
From: Olu Emuleomo  Respond to of 164684
 
>>>Let's hope we get a selloff soon, huh?<<<

Be wary of what you wish for....for you might get it!

--Olu E.



To: Olu Emuleomo who wrote (75688)8/30/1999 10:56:00 PM
From: Jan Crawley  Respond to of 164684
 
Let's hope we get a selloff soon, huh?

Soon enough but not deep enough. <g>
Did you guys notice that Yhoo's 8/99 Short interest dropped another 3M to 7M shares. Yhoo's float is larger than Amzn's but SI is less than half of Amzn's.

I did not buy the additional 250 Amzn shares but am still holding the existing 250 shares and my thoughts(for now) are:
Amzn's recent Hi of $135 and Lo of $85; a 50% retracement would give $110. Yhoo's 50% retracement is $135 (from 160 to 110).

So I think I will buy 250 Amzn @111 and 150 Yhoo @137 and then another 150 Yhoo if/@129 for the Yhoo e-play. In my trading a/c, I have just 250 Amzn shares, 58 ntop shares and cash.