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To: drsvelte who wrote (1228)	7/20/1998 10:05:00 PM
From: Lucretius	Respond to of 14427

I think AMZN's reporting could be the end of the run whether good or bad. Recall YHOO. I'm just waiting for the split announcement on DELL so I can buy more puts. That announcement will probably cap off DELL as well. These stocks seem to end their parabolic course when good news comes out, and they can't move higher on it.

To: drsvelte who wrote (1228)	7/21/1998 11:24:00 AM
From: Thean	Read Replies (1) \| Respond to of 14427

Doc and Steve, about shorting and brokerage. I placed a short on SRCM before market opened today and it was pending at Waterhouse. It turned out my order was rejected apparently because they could not find shares for me to short. Anyway, SRCM moved up so that could be a lucky move in disguise. I put MU this morning. The semi lands are trying to rally. Just wait till Greenspan speech is over and they should go up or down more depending on whether another "irrational exurberance" is in the card. Sold FGII this morning for 3/4 pt at 24 7/8. If the drillers follow through today with another dip, that would make future lower low's easier to obtain. OSX broke to new low yesterday in case no one has noticed.