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Technology Stocks : IFLY - travel sales on the web pure play -- Ignore unavailable to you. Want to Upgrade?

To: Ron Kline who wrote (2675)	12/1/1998 10:45:00 AM
From: simarx	Respond to of 4761

Pump and Dump: Arbitrage Opportunity Long Over. Buying a warrant to short the common at this price is too risky and anyone recommending it is NOT doing it for your interests. There is significant buy pressure on the warrants right now. I understand that some are recommending this strategy even at this Warrant/Common premium. Be careful, it is NOT sound advice. The upward pressure on the Warrants is an INDICATOR to COVER a short on the common. and SELL the Warrant. So if someone is recommending to you to buy a warrant and short the common it is because they are doing the opposite. Same old pump and dump game... I am not short this stock in any way if you are wondering my position. I do have a long position.