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Technology Stocks : Lycos -- Ignore unavailable to you. Want to Upgrade?

To: purecntry5 who wrote (823)	8/7/1998 9:32:00 PM
From: SouthFloridaGuy	Read Replies (1) \| Respond to of 2439

Stock is just retracing the gap up. Longer term it's making lower highs and lower lows. None of these internets can break resistance and they continually form lower support levels. I went in and bought puts towards the end of the day -- around the same levels you shorted. My breakeven on the puts is $60. Given market volatility, I'm sure we're going to see that level by next week. I maybe should have waited one more day, but I'm confident this stock ain't going anywhere but down. The tulip bubble will burst. In the meantime, anybody have comments on the insider selling released today?