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To: Andy who wrote (906)	11/15/1998 2:27:00 PM
From: waldo	Respond to of 37507

Shorting the internet stocks has wiped out many professional shorters. I have many horror stories to share. One shorter at Yorkton (ironic hey;>) in Vancouver who shorted Amazon at 80.00 was forced back in at 140.00. He lost over 2 million dollars, wiping him out. Too bad hey LOL! Couldn't have happened to a nicer guy. hahaha. I have my own personal story to share later, but here are some links of interest relating to the biggest phenomenon that I have witnessed in 18 years of trading. BTW, thank you Kevin for bringing BII to my attention last week on SH:>))) >>Five Top Analysts Review Internet Sector in the Wall Street Transcript NEW YORK--(BUSINESS WIRE)--November 13, 1998--Five leading research analysts discussed the different sectors of the Internet sector with The Wall Street Transcript in its most recent edition.<< biz.yahoo.com >>THE BULL MARKET REPORT is Chosen as Having the 'BEST TRACK RECORD' Also announces publication of "THE WEEK THAT WAS - A WEEKLY RECAP" WASHINGTON--(BUSINESS WIRE)--Nov. 13, 1998-- StockVault, states that it is the source for comparing stock analysts' predictions. They have picked The Bull Market Report as the current TOP PERFOMER, giving them the best track record of the world's leading analysts that they follow.<< biz.yahoo.com >>Internet stocks surge on pre-holidays, IPO success By Daniel Bases NEW YORK, Nov 13 (Reuters) - Internet stocks continued their march higher Friday, building on a week-long stretch of gains propelled by optimism on upcoming holiday sales and the contagious effect of a recent initial public offering.<< biz.yahoo.com James Cramer from Street .com changed his mind 3 times last week on internet stocks. The problem is that he has a large following that got hurt if they tried to keep up with him. I have monitored AMZN and YHOO on SI and Yahoo for the last 6 weeks. Very educational! More later, Waldo

To: Andy who wrote (906)	11/15/1998 6:12:00 PM
From: Dave Cash	Read Replies (1) \| Respond to of 37507

Yes Andy it is a steal! We are lucky to be in at these levels. Not only has the recent developments added to the share price, but the Christmas season will add to revenues. The very heavy volume on Friday has proved that the market has become aware of this "steal". The fuse has been lit and the explosion will soon follow. The expansion into Europe and Asia will put this baby into a league of its own. The next few weeks will be interesting with heavy volume and large upward jumps.