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To: Bonnie Bear who wrote (2790)	7/7/1998 3:04:00 PM
From: S. maltophilia	Read Replies (2) \| Respond to of 86076

Nothing wrong with CRWN except it's at the verge of Chapter 7. Have you been to their stores lately? Very light traffic, and a much sparser selection than the big chains. I suspect that some of the major publishers are not shippng to them. It's a good place to buy a Barron's @$2.70, but otherwise useless. They were among the first to sell books at a dicount to list. Now everyone does, at least to some extent. In the meantime, you can buy bestsellers at Wal-mart and Target at 25% off if you don't want to wait for the mail or you don't go online. Nobody ever got rich peddling books and that ain't gonna change. Peddling stock? maybe.

To: Bonnie Bear who wrote (2790)	7/7/1998 11:30:00 PM
From: Bilow	Read Replies (2) \| Respond to of 86076

Hi Bonnie Bear; Wasn't there some rumor of bankruptcy with regard to Crown books? I suspect that the same will eventually apply to AMZN. One of the traders in my office was up $15800 in the internet stocks a couple of days ago. (With $400 of commissions.) He lost more than that the next day. The temptation to gambling is ever present to stock traders. With day trading you quickly get it rubbed in that you only go into trades where you have some sort of advantage over your counterparties. I'm gloating over a beautiful trade I made today. Saw that WARPF going up on extremely high volume, (which is technically very bullish), so I bought 1000 shares at 1 11/32. No trick there, but I managed to be among the one or two guys who managed to get out at 2 1/8, the very, very top. (Having the Level-2 Nasdaq workstation is useful for guaging when momentum is dying out, then offering out into the last little bit of strength.) Maybe I'm going to survive at this trading game... But everyday is a new day. I've been getting my butt kicked on ADVH. I'm waiting for a dead cat fundamental value bounce, but it is a long time coming. It does look like the selling off is more half- hearted now. DELL looks like it is in the process of diving. The last two weeks are a beautiful topping formation, with a breakout to the downside. It is good to short, but use a trailing stop of, say $3 above your entry price. (The formation is a classic double top, complete with declining volumes. It should complete for another $5 loss, or so, over the next 3 days or so. -- Carl (Slowly being converted into a technician. :)