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Non-Tech : Doc Stone's Bierstube und Trading Room -- Ignore unavailable to you. Want to Upgrade?

To: M. Frank Greiffenstein who wrote (416)	10/5/1998 10:26:00 PM
From: wolfdog2	Respond to of 638

Doc, it wouldn't surprising if Pharmos didn't respond to the news on Wednesday. I think the news should be very good, else they wouldn't have issued the press release. But bear markets are all about ignoring good news. I hope it doesn't happen, but it could. I bought more Pharmos after seeing the press release this morning. (If only I hadn't seen it 'til this afternoon!) It didn't tell me anything I didn't know. But it did suggest that Pharmos wasn't going to hide their light under a bushel and would try to broadcast the results far and wide.

To: M. Frank Greiffenstein who wrote (416)	10/7/1998 3:56:00 PM
From: D. RUTTER	Read Replies (1) \| Respond to of 638

DOC What happened to DRIV \ TSQD today , looks like great buy oppurtunity but everyone seems to be selling.

To: M. Frank Greiffenstein who wrote (416)	10/8/1998 4:09:00 PM
From: M. Frank Greiffenstein	Read Replies (1) \| Respond to of 638

Don't be suckered in by today's late day rally... Folks, if you have mostly short positions or puts, don't be scared off because Dow and Naz put together a big rally, or because CSCO is up big today. This is just traders swooping in. This is computer driven BUY programs going haywire because DJIA touched on old Sep low around 7470. Nothing has changed. To be a conservative shorter, cover half your bet. I sold half of my GTW put options when GTW rallied back to 39. I knew Friday was ocming up. Friday is known to be a short coveirng day, traders and shorts don't like to go into weekend worrying about their positions. GTW and AMZN and DELL should jump tomorrow, especially with Mike Dell telling people what they want to hear, that there will be no slowdown in corporate spending for Dell computers (the same Mike Dell who 3 weeks ago said Dells PCs could help Asia solves it problems!!). But people are getting tired of this kind of empty optimism by self-interested parties. Just stop and think about it: Asia and Japan are coming apart at the seams, Brazil is about to go off the deep end. Who the hell is going to buy Dell computers?? And if they don't buy Dell, they aren't gonna buy GTW. Wait for rally to peak tomorrow, then look at near the money and in the money puts with a ocntract length of at least Septemebr. We are in tax loss selling season now, and this will worsen the down trend. DocStone