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To: H James Morris who wrote (81719)	10/22/1999 6:49:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

As of yesterday and at the getgo this morning the MS institutional desk was requiring a 5:1 commitment! That means for every 5,10,15,20,etc block of allocation given, one had to commit to buying today 5x their shares in the open market. James, Is that legal??? Glenn

To: H James Morris who wrote (81719)	10/22/1999 7:12:00 PM
From: Danny	Respond to of 164684

<<Still got your Wcg? >> Yes, James. Still have it and not going to sell for a long time. Plus, my entry point is only 26 and a change, so dont see any reason to sell at this point. I found out whenever I decided to daytrading, it most often ended up losing. But the stocks I hold for long term usually ended up to be a winner. Recent examples were a daytrade loss on BWAY, but huge gain on ARTG. Dont worry about my shorting. It is mainly for hedging the long position of my AOL, YHOO, and AMZN. If I short ASKJ at 90s, can't see how it can keep going to 100 and above while all above three are tanking. The risk is certianly there, but I will take it. Congrats on your Vert!