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To: Poet who wrote (1395)	1/20/2000 11:00:00 PM
From: steve mamus	Read Replies (1) \| Respond to of 8096

RE: ICGE, RHAT, CMGI Steady as she goes...as I mentioned in earlier posts CAREFUL with short positions...Altho lockout period (ICGE,RHAT) are strong considerations in stock price perhaps experiencing short term downside pressure there are other considerations (a) will potential sellers actually sell and (b) what new surprise is lurking around the corner. These stocks are very unpredictable and can (and have and will) react in sympathy with either predictable or unpredictable events. I have never shorted any of the internet stocks (I know others have and have even won their bets)because of the capricious and explosive characteristics of these stocks. If you guess wrong and make a big bet you could really take a major hit. Its like shorting a stick of dynamite. My comments about the lock up periods ending have more to do with caution about establishing a log position due to potential short term downward pressure.