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To: slipnsip who wrote (7597)6/25/1998 2:46:00 PM
From: Ed Zhao  Read Replies (2) | Respond to of 164684
 
In other words, there arent enough buyers to support this.. Maybe?

Or smart money is selling quitely.

XZ



To: slipnsip who wrote (7597)6/25/1998 5:00:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
Any thoughts on the continued high volume and no appreciation?? This thing is not going
to be able to sustain 10 million share trading days if the stock is not jumping 5-15%.. Is
this a sign of the end? High volume with no appreciation???


David,

I was ready to cash in my short. Planned on doing that yesterday. However, the weaker appreciateion on high volume made me stay short. Today even comfirms my feeling that the top is reached and falling will begin. One never know for certain. I can say I feel much more comfortable about my short although mark to market is terrible at the moment.

There were a few we assuring people from SI that kept me from capitulating at $104 and I like to thank them publically.

Glenn