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To: chowder who wrote (83260)	1/2/2001 10:52:43 PM
From: Sharp_End_Of_Drill	Respond to of 95453

Dabum, nice job on KWK. But, I'm not so sure about tech right now. You said you got INKT today? Several months ago I was shorting CMGI via puts, and got something like 42 to 36 before I sold. Needless to say way early as CMGI is now about 5-1/4. At that time I thought they were probably worth no less than their cash per share. I just checked on Yahoo profiles and they say CMGI has $5.59 cash per share versus stock price of $5.21. I think that rightly means people now realize their business is practically worthless. Check INKT, their cash per share is $1.55 and their price is still north of $10. Don't think they can't fall that far. I've got Feb 20 puts betting on it. Good luck, but beware the Ides of Tech. Also, check out Fleckenstein - he's a little heavy on the conspiracy theories today, but his views on market direction I agree with almost 100%. I'm one of those fundamentals do matter guys too. siliconinvestor.com Sharp