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To: Thean who wrote (1232)	7/21/1998 1:37:00 PM
From: SJS	Respond to of 14427

I got off the CMGI train, but they are still partying without me ...QWST keeps going and going and going...TLAB, LU, NT ....Man, is telecom hot or WHAT!! I was going to short MU, too but "forgot" about it overnight. Briefing.com thinks that semi mfg are "so low" they can go up from here... I think the bullish driller tone is subsiding...but it will be back, rest assured...

To: Thean who wrote (1232)	7/21/1998 2:25:00 PM
From: Broken_Clock	Respond to of 14427

>>VRC fell off the bottom again and this time it looks like they are not going to meet their estimates. The huge volume a week ago was probably the first knowledge by the company insiders that things are not rosy and VRC will fail to meet $0.28 this quarter. Worse yet, they may announce some charges when the earning comes out which by the way was this morning I think. Therefore some thing fishy is up...<< Thean... you should know as well as anyone that earnings mean nothing in the osx at this time. The fact that vrc is down simply means that it is fair game to short any driller/osx/bost/fab you name it/ HLX blew away to the upside by 50% and is quickly retracing the measly gain it made....