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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan? -- Ignore unavailable to you. Want to Upgrade?

To: neverenough who wrote (4563)	11/19/1998 10:46:00 PM
From: Wayners	Read Replies (1) \| Respond to of 4903

I hope you are right as I'm short and held overnite. If it opens at $35--I'll cover at the open. Looking at a 5 minute chart, seems to me the bounce off of $35 went up 1/2 the distance from the beginning of the big drop at $41--so it went up as far as $38. The first rally should always be shorted. I tried shorting at $38 and missed a fill by the spread I'd say. Managed to short at $37 1/2 though. Seems that the next step is to retest $35. Strong selloff should equal gap down at the open but I've seen some pretty strange gap games get played but that's usually on low volume stuff.

To: neverenough who wrote (4563)	11/19/1998 10:48:00 PM
From: John WES	Respond to of 4903

I just read in a press release that AOL and the Weather Channel entered into some pact, but in the same article, it said this current deal came on the heels of AOL agreeing to put its digital center on netscapes browser- When did this deal happen?

To: neverenough who wrote (4563)	11/20/1998 2:28:00 AM
From: Stephen	Read Replies (2) \| Respond to of 4903

re instinet .... if the description is 'frm T' it means it was afterhours instinet trading and not late trades. My understanding is that they have to match buyers and sellers for price. Not many trades went through, the last ones I saw was 41 & change. Much depends on whether the market wants to squeeze the shorts .... and I suspect the pro's will play this up, before playing it down again, given the Amzn news and CNBC coverage of afterhour trading of some of the major internets. Still ... we all make our trading decisions ... so good luck to everyone however they play it !! Stephen