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To: Smart Investor who wrote (17044)	1/6/1999 1:59:00 PM
From: trouthead	Read Replies (1) \| Respond to of 27307

Biotech is a good analogy. Does anyone know what the three top biotech companies were and how they have fared over the last 15 years? If you can tell me the names I will do the research. As I not familiar with the market at that time. Thanks, jb

To: Smart Investor who wrote (17044)	1/6/1999 2:05:00 PM
From: Randy Ellingson	Respond to of 27307

"Shorted more at 284, and plan to cover in the 230's or lower again." Gutsy move, SI. I'm not so sure you'll ever see the day to cover at 230. A 3-1 split (if they do so) puts them today at ~95, and you'll be looking for ~77. Best trading to you. Randy

To: Smart Investor who wrote (17044)	1/6/1999 2:11:00 PM
From: oldcrow	Read Replies (3) \| Respond to of 27307

>>Shorted more at 284, and plan to cover in the 230's or lower again. << Wow!! are you gonna go for still more at 298 now? ...unfortunately, the end had occurred. All bears were dead. The National Park service has initiated a controlled burn of the area to destroy all carcasses for disease prevention. Perhaps the park would repopulate again. Hopefully any remaining bears learned a permanent lesson this time...keep away from bear traps. ...as the discovery news crew left the area the radio station played... ...I get knocked down, but I get up again...your never gonna keep me down...I get knocked down but I get up again...your never gonna keep me down..... (The End)

To: Smart Investor who wrote (17044)	1/6/1999 11:50:00 PM
From: Mark[ox5]	Respond to of 27307

Please keep shorting and covering... this is great. Just for the earnings run I made this play... Bought Feb 260 calls just YESTERDAY at 28 (6 contracts = $16,800) At todays close they are selling at 55 (6 contracts = $33,000) So doubled my money in 1 day...this is a great country. I was going to sell and take the profits but I stuck to my original reason of buying.. I thouhgt YHOO would hit $300 by next Tuesday... but it did it a lot quicker than I anticipated. I see a lot of people going (well if AMZN is worth $400 pre-split (equiv to $133 now) why is YHOO only $250... or now $300) P.S. I agree with the poster yesterday about the bears and shorts on the internet secotr... one day they will correct severely and they will all come out of the woodwork saying "I TOLD YOU SO!!! SHOULD OF LISTENED TO ME!!" But of course they have missed out on incredible returns for the past 1.5 years.... but hey as long as they feel good about themselves we all make out.. their egos are finally fulfilled and the longs have gotten rich from just staying the course and not fighting the trend and the basic tenant of wall street...SUPPLY AND DEMAND. As demand for a fixed # of shares goes up, the price goes up accordingly. You can throw out the PE's and revenue estimations and all this crap ... until investors stop believing in the potential of the internet these stocks will continue to go up. To be honest, I pray for a MAJOR correction in the next 3 months (i.e. like to $100-$150 like I hear on this board everyday) so I can buy the longest duration calls there are... P.S. You shorts must be loaded with money.. I always see posts "I shorted more here at $xxx" every week...new shorting levels every week... must be a money tree in the backyard. All I know is if I were long a stock and it kept going down (or short and it kept going up) I wouldnt be able to "keep establishing a new position" with the same losing results over and over... but I guess some can.. for that holy grail of finally being right some time ...some day.... in the future...that the price actually "severely corrects" Funny