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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: LastShadow who wrote (4470)	12/16/1998 6:14:00 PM
From: Susan Saline	Respond to of 43080

it'll be settled before the market opens wag wag wag

To: LastShadow who wrote (4470)	12/16/1998 7:10:00 PM
From: Fitz	Respond to of 43080

Ya Last Got some RIG & RON......... Actually played them all day.......... Regards, Fitz

To: LastShadow who wrote (4470)	12/16/1998 7:43:00 PM
From: AlienTech	Read Replies (1) \| Respond to of 43080

>>Anyone buy oil stocks before the close? << No, I was too busy trying find someone who was an Anderson relative to get married to, BOOKS-A-MILLION INC (BAMM) 19 9/16 +9 1/2. One thing that the latest run-up in this Birmingham, AL-based book retailer will not be attributed to is a short supply of stock. Daytraders and momentum players have Books-A-Million insiders to thank for the dramatic increase in the company's float. Based on Securities & Exchange Commission filings, BAMM insiders sold well over one million shares at the end of November, in a matter of only 1 1/2 trading sessions. Today, the stock is being propelled by news Books-A-Million is planning to acquire NetCentral Inc, a Nashville, TN-based Internet development and services company. BAMM Acquiring A Genie: NetCentral Inc is the company that was responsible for the redesign of BAMM's web site. It was the announcement of the revamped site that catapulted the stock almost 1000% in late November. The first announcment resulted in a $743 million increase in the value of the company. The latest announcment has, thus far, helped create $166 million in market-cap. Not sure how much BAMM will pay to acquire NetCentral, but you can be sure it won't be anywhere close to $166 million. Foolish Not To Sell: Books-A-Million insiders certainly can't be faulted for dumping their stock. They knew it wasn't worth the $18.66 to $42.31 per share that they were unloading shares and the individuals taking it in stock at these levels were fully aware that the fundamentals did not warrant such a price. And, based on recent registrations to sell shares by more than a dozen affiliates, the children, spouses and other kin of BAMM insiders, they aren't naively holding onto their stakes either. Name Title Shares Sold Shares Remaining *Proceeds Charles Anderson Chairman 399,458 2.345 mln $12.28 mln Clyde Anderson Chief Executive Officer 468,350 1.442 mln $13.72 mln Joel Anderson Beneficial Owner 352,100 1.73 mln $10.75 mln Terrence Anderson Director 121,400 488,340 $3.80 mln Sandra Cochran Chief Financial Officer 69,928 2,000 $2.13 mln Terrance Finley Vice President 41,398 1,290 $1.27 mln

To: LastShadow who wrote (4470)	12/16/1998 8:00:00 PM
From: Ron	Respond to of 43080

Bought PDS (Precison Drilling) at mid morning..for several reasons, but mostly on likelihood of the outbreak of hostilities....

To: LastShadow who wrote (4470)	12/16/1998 9:36:00 PM
From: Slide Rule	Read Replies (2) \| Respond to of 43080

Last, which oil stocks would you suggest for tomorrow morning?