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Non-Tech : Image Entertainment (DISK) -- Ignore unavailable to you. Want to Upgrade?

To: William T. Katz who wrote (365)	11/10/1999 6:45:00 PM
From: Laptev	Read Replies (3) \| Respond to of 379

William, I have spent some time going through your previous posts and I have to tell you that I believe your recent bearish turn has called DISK's low. The chart is looking pretty good and going into Christmas we should get some interest once again. I guess you originally got into DISK as an internet play? Reel.com is eating Ken Crane's lunch and due to nearly perfect competition for commodity good sales(like non exclusive DVDs), eventually the higher cost internet retailers are going to drive down prices and kill each other off. Only the strong will survive few will thrive. The only real question is... when? In the mean time, the threat of a .40 cent quarter will keep the shorts at bay and the momentum guys might get in for the Christmas sleigh ride to $12. Or maybe the insiders will panic and dump us down to penny land. Suffice to say, I won't be in much past Christmas. I'm playing this as a quick "ever increasing DVD player sales" story stock.