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To: oldcrow who wrote (24205)10/7/1999 7:54:00 PM
From: FlameMe  Read Replies (1) | Respond to of 27307
 
I agree with most of that. I'm not sure "big money" was trying to squeeze "the little guy", but I imagine there were lots of short bets put on in anticipation of that report. Bottom line was that the earnings blew away everyone's estimate and fourth quarter is the best for internet companies.

So, are you going short tomorrow at 191?

Regards,
Ross



To: oldcrow who wrote (24205)10/7/1999 8:15:00 PM
From: Sabrejet  Respond to of 27307
 
They have already put a spin on the numbers, ie. hurricane etc... so anything reasonable should drive this market up at the open.

As for your Inst. quotes, those quotes are stale and 185 1/2 is a GTC order. The weekend is not a reason to sell this time around.

YHOO held well during the afternoon down-draft and finished fine.

It's getting pretty close to the end of the year buying. One last scare in November by the Fed, with no raise, and these nets are going to scream up.

Sabre!



To: oldcrow who wrote (24205)10/7/1999 8:25:00 PM
From: Sabrejet  Read Replies (1) | Respond to of 27307
 
FWIW, Island has 189 3/16 by 190 @17:46pm