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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (1932)	12/29/1998 4:33:00 PM
From: Bear Down	Read Replies (2) \| Respond to of 122088

too much action!!!!!! Funny mine broke today as well, as soon as it hit the ground after i tossed it out the window!!!! j/k but it was a little frustratng watching giii and skym all day. I didn't think giii would hold up. I amm short at an average of 9 13/16 and ready to pile some more on if it breaks 10..... these valuations are getting crazy check the movement in MBTI, STA, RAYS, BIKR..... Maybe a little consolidation tomorrow, hopefully!!!!

To: Anthony@Pacific who wrote (1932)	12/29/1998 4:40:00 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 122088

A@P where have you bought your PC? at DELLs, CPQ, CPU, MALL, PCCC, AMZN ... just to know which stock to short...<g> I have set up a fine short list from todays action. There are: RMII(W) RAYS (after a 2nd run?) GIII GEER VVTV maybe ENPT. I am still short the RMIIW, and one can see how silly people are. The warrant traded ahead of the stock (on a diluted basis). The math is. RMIIW = 1.42 * (RMII -3 1/16). But the dilution (1.9M shares vs 11M outstanding) is not priced in. That deep in the money warrants usually trade at a slight discount. (The warrant jack works fine, for shorts remember BFLYW). But who cares about a discount, the warrant surrendered $17 from the suckers opening. C.