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To: Appleby who wrote (259)	11/16/1997 11:52:00 PM
From: Dale Baker	Respond to of 118717

You are smart not to buy into a penny stock after a runup unless there is real value involved. Better to be on the pump side than the dump side. I have money in my acount which came from some dedicated soul still holding OVIS/RMIL...and holding...and holding. For real short squeezes, look at the heavily shorted stocks with small floats. Since HK and Japan are up big-time tonight, expect a big rally on the Dow at the open. It's likely that YHOO, AMZN and maybe ONSL and YURI will shoot up. Be wary of big gap-up openings, however, and don't hold the stock overnight unless you are feeling really lucky. A five-point rise in AMZN is usually followed by an equal decline in the next day or two. The shorters will be out in force after a runup. Let's hope the positive market is kind to BNGO. Good luck today.

To: Appleby who wrote (259)	11/18/1997 3:09:00 AM
From: Dale Baker	Read Replies (2) \| Respond to of 118717

Squeezes and the return of momentum buyers jumpstarted the usual suspects Monday - YHOO, AMZN, AOL and lots of others. The best way to play this - and it's a gamble - is to wait for a day with a big opening predicted (based on S&P Futures and the Asia numbers) then pick one or two momentum stocks which recently declined. Buy at the open and set a sell order 2 -3 points higher. I don't have enough capital to day trade like this and make serious money. If I could afford to grab 1000 YHOO on spec (and be ready to lose $2000-3000, too) I would on days like yesterday. At 100-200 shares it doesn't seem worth it. FYI, I'm covering my ZITL short for now thanks to that little voice in my head we should all listen to: "Pigs get fat, hogs get slaughtered". I'll pig out on my 8 points and see if I can re-short in the upper teens if it gets that far. Good luck to all today.