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To: Sarmad Y. Hermiz who wrote (115363)	1/15/2001 10:42:25 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

<<But regarding ARBA's recent selloff. On Friday 85 m shares were sold. All of them at a loss ranging to 80%. If the sellers were so smart, would they have waited this long to sell. >> On thurs, the stock had triple normal volume, and was up over 8%. After hours, after the earnings rpt, it was down almost as much on very low volume, not a good sign. <<If they had any inside info, would they not sell the previous day at 30% higher. >> The highest execs in the the co sold lots of shares last fall at 117, 123, 131, etc.... <<On a day when half the float is dumped relentlessly, isn't it reasonable to think somehow it gets over-sold ? >> Afeter the action in it on thurs and fri., I wonder if ARBA is over-known. There's a point at which co's like this cease to be growth stocks, and instead they turn into trading vehicles. There are no suprises left; everyone already knows about the co. and has high expectations. I'd be really careful with arba. (I don't own it, never have) "Today is the day we've been waiting for, this is going to be huge! We are going to see a colossal move today, you can count on it! I can't believe everyone is sleeping on such a monumental day!!! You will remember this day for a long time, so wake up and smell the coffee!! " yeah - i almost posted the same thing at 8:00 this morning, then I remembered that the market was closed today!

To: Sarmad Y. Hermiz who wrote (115363)	1/16/2001 2:01:14 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

But regarding ARBA's recent selloff. On Friday 85 m shares were sold. All of them at a loss ranging to 80%. If the sellers were so smart, would they have waited this long to sell. If they had any inside info, would they not sell the previous day at 30% higher. And another thing. On a day when half the float is dumped relentlessly, isn't it reasonable to think somehow it gets over-sold ? Sarmad, There were people actually listening to analysts on Friday. That is really scary considering it was these same analysts that were highly recommending ARBA. My position is ARBA is fundamentally sound. I do my own FA and take the risks associated with that. It is the way I know how to make money best in the market except in the midst of a mania. Glenn