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To: John Nobrega who wrote (4666)	5/25/1998 1:56:00 AM
From: Skeeter Bug	Respond to of 164684

i saw txn go from $140 to $90 just before they split. i don't own that many puts that i can't reload in a few months at a higher price and further out, if need be. nothing is a "sure thing" to the downside in the loony market.

To: John Nobrega who wrote (4666)	5/25/1998 3:20:00 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

John, < am worried that the upcoming split will cause the stock to go up again. I closed out my position Friday on the nice drop. I've seen too many stocks go up around split time and afterwards.> You bet I'm worried, but the saving grace, is that my average cost is $95ps, and I feel that the momentum investors, have all cashed in. If I'm wrong? I'll pay the price. The best example of your post is, Aol. The stock split @$100ps, its now $184 (pre-split), and this was a stock that I also said ' show me the profits'.

To: John Nobrega who wrote (4666)	5/25/1998 7:30:00 AM
From: John Rowton	Respond to of 164684

Look at KTEL after the split, I agree that the splits usually give the momentum stocks a boost, but I dont think so this time, we will see. All of this may be irrelevant : look at the Dell Bear thread about a rumour concerning Dell having to restate earnings, If that were true, there is not a tech related stock that would not fall from the sky, this market has been fueled by Dell.