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To: Patrick Grinsell who wrote (10228)1/25/1999 3:01:00 PM
From: Sun Tzu  Respond to of 16960
 
Sorry Pat, but I have flu and that has affected my comprehension of your message. Are you asking about shorting nvda? It is on my list of things to short, but there are several things that I'd like to see before I short it. First I have to wait for 30 days or so per SEC reg (I think). Then I'm gonna wait for the underwriters' "research department" buy"ratings to come out and see what effect it has on the stock. Given that there is so few of these shares out there, I will then wait for either insider sales in full force to start (3Dfx qualifies as one) or an option listing to start. This is because I don't enjoy being caught on short squeeze. As a general rule, I don't buy or sell anything that has less than 10 million shares floating and averages volume of less than 50,000. And of course there is the price. As you've stated, it's not really worth it if it is below 20, though I'd consider it up to 18.

BTW, I was talking with a friend of mine over the weekend about what system he should buy. When I mentioned 3Dfx, he complained that he could not get a Banshee card from Gateway. He is in FLA.

ST



To: Patrick Grinsell who wrote (10228)1/25/1999 3:36:00 PM
From: Piranha  Respond to of 16960
 
Pat, I'm confused as to which pattern you're talking about. I could live with a pattern of double-digit percentage gains on 1.3 million+ shares traded. In fact, I'd love to see that pattern repeat daily for a couple of weeks. :)

Piranha



To: Patrick Grinsell who wrote (10228)1/26/1999 8:22:00 AM
From: Scott Garee  Respond to of 16960
 
Pat,

I'm betting the pattern holds, so I sold covered calls on all my STBI yesterday for Feb10. Either way I'm in good shape, but I'm hoping (and betting) I don't gett called out.

Actually, I'm pretty confident I will be able to buy back the calls before they expire and pocket the profits.