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To: Dale Baker who wrote (677)	4/5/1998 9:53:00 AM
From: Dale Baker	Respond to of 118717

Weekend portfolio update: I added a small stake in recent IPO CMND on Friday. Could be another SYNT if the momentum crowd joins in. My current long positions are: BXH CMND DIVE DOCDF FFC IHS NRAG (speculative) OMKT RENT SCZ_T WMB All should hold up well in a market pullback. On the short side, I closed PNDA as the squeeze started and can't get any more shares to start a new short. Did a lot of research on Internet stocks as short prospects today. Too many have small floats and heavy short positions already. Better to wait until the tide turns. Anybody want to guess which sector will replace Internet stocks as the Wall Street darling? It would be so much easier buying stocks if I could convince myself that fundamentals REALLY don't matter. After all, Abby Cohen says the fundamentals in the market look just fine to her. Yeah, right. Good luck everybody.