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To: Smart Investor who wrote (8858)1/13/1999 7:44:00 PM
From: SHGLaw  Read Replies (1) | Respond to of 9343
 
Who knew at the close yesterday that some yutz in Brazil was going to spoil our day? Seek could gap up. It could gap down. Who knows what the open will bring. But there was strength that brought the sector back today, and god knows its had a shakeout of sorts.

So yes, I think it could well gap up based upon the showing today that the street can't knock the inets down. They're not going away, and if they sell off, they'll get bought right back. It proves that bumble bees can fly and inet stocks are at the birth of a new industry the likes of which we haven't seen since the industrial revolution. And we are there.

SHG



To: Smart Investor who wrote (8858)1/13/1999 8:42:00 PM
From: Frank Z  Respond to of 9343
 
With short interest ratio at only 0.6, there are not many shorts to be squeezed. (check out olook.com for short interest charts)