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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?

To: taxikid who wrote (3348)	1/15/1998 12:18:00 AM
From: BamaReb	Read Replies (1) \| Respond to of 4339

TK, you there?

To: taxikid who wrote (3348)	1/15/1998 1:16:00 AM
From: tcarnes	Respond to of 4339

dear taxi thanks i didn't think of that i wish i had it at 30. iam in avnt at 18. did you get my email? pcle is going to be up 2 by COB. yhoo +5. hope iam wrong on yhoo. got burned the same way on vias. learned from that. on the sideline with yhoo. would cover at opening. and long day trade like i did with vias. hope to do well. a little no. called ucmp i shorted at 81/8, we will see how the news fairs. happy hunting tj.

To: taxikid who wrote (3348)	1/15/1998 12:46:00 PM
From: Allan F	Read Replies (1) \| Respond to of 4339

Taxi and all, You bring up a good point here. Something I have been considering. Is it worth-while to short a rotten stock after a big move down? The obvious answer is no. But, something like ZONA still has a market cap of >$190M. With Asensio et al blasting them everyday from a different angle, it seems it has nowhere to go but down. As Wexler said the other day, it is still trading above $15. I missed ZONA back in Nov due to not wanting to get over extended on my shorts. I passed again when it was $20 figuring it had a bounce or two in it. Now at $16, I am thinking stop worrying and short to sub-$10. Kind of like USAD. Have you checked the price of that one lately? (I got out at $10.5 largely due to the lack of breaking $10 after they finally reported their loss. In retrospect I think it was shorts covering at the $10 level...Kind of like ZITL now.) Thanks, -Allan