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Microcap & Penny Stocks : LEAP - Innovative ad agency a bargain at $3/shr? -- Ignore unavailable to you. Want to Upgrade?

To: AJ Berger who wrote (513)	7/16/1998 4:44:00 PM
From: Andrew Martin	Read Replies (1) \| Respond to of 600

AJ, I use Datek on margin and it waited until it was at 5 1/8 to open up the margin. I was going to short again if it went to 5 1/4 since in my opinion the move up before lunch was an intraday p&d of 2 20k purchases which seemed almost perfectly timed to the announcement of DCLK being on CNBC. More hype. Whoever bought didn't get the rise so they may dump soon. The stock has a solid performance record as far as I'm concerned and I believe anyone looking at it will be more concerned about where they get out then where they get in. It's an expensive game of musical chairs. It opened gap-down 5/32 today so the actual increase for the day is 1/16. Another gap-down in the am and people might figure out they're losing money. Once the shorts have covered and the speculators stop purchasing looking for a quick rebound it will likely only be the daytraders keeping the volume going. When that dries up I'll look to cover on the drop. Of course some news from the company about new revenue sources could change things but I'm gambling the stock's reputation will work against it until it shows a solid, two week base. Regards, -Andrew.

To: AJ Berger who wrote (513)	7/20/1998 3:03:00 AM
From: Andrew Martin	Respond to of 600

Well, if it's a Monday it must be another Pump. I'm gonna have to cover at the open and see what the momentum is to decide whether or not to go Long. It appeared to finish last week with a lot of retail buying. No use trying to hold off another speculative stampede. I think Leap-O-Mania might take hold again. If Americans will spend $1 for a 1-in-36,000,000 chance to win $5 million they'll do about anything on a fancy. Lotto fever. This week's expected Jackpot is....