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To: IHateSourCream who wrote (32)	6/1/2005 1:49:54 PM
From: Kevin	Respond to of 37

It's been very painful for me to watch GOOG over the past few days. Up over 14 points at the moment. Wish I were along for the ride... :-) I know we've been primarily discussing companies based on fundamentals, but a purely technical play that has been jumping out at me since yesterday's close is shorting calls on GOOG. Last night I suggested the June 300s, but with this morning's price target of $350 from CSFB fueling a continued rally, I'm now considering shorting the June 320 calls. With the QQQQs in an overbought state and GOOG extremely overbought (for now), I think there's some good downside action to profit on. Probably not leaving the office until close to 7:00, so I'm sure we'll talk again before I leave for my trip. -K