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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?

To: Cymeed who wrote (350)	2/1/1999 6:28:00 PM
From: Pendretti	Read Replies (1) \| Respond to of 779

Hi Mark, just wanted to bring another stock to your attention and I mentioned it also to some brokers I work with. It is Genesis Direct (GEND). They are a catalog seller and have recently teamed up with Yahoo and Excite. They announced to release their figures on wednesday and they do it with a live broadcast on the web. I don't think they would do this if there wasn't going to be good news. But it is a risky stock, but today it moved from 8 to 9. Maybe worthwhile to take a look at. I think if you buy stuff on the internet it are things you would also buy out of a catalog. That is what they have. Just an idea. Rene. BTW: BLHG is doing fine now, hope for good news.

To: Cymeed who wrote (350)	2/2/1999 4:07:00 AM
From: Mark[ox5]	Respond to of 779

Yep! PRFM rocked my world downward, thats for sure. I didnt have any major losses for 2 months, but every so often you get a stinker. Actually 1/99 was just too good to me.. only 2 losing trades out of like 60 trades LOL. This stinker should make up for that run of luck. I think right now PRFM is oversold, but there is so much negativity on the thread and in the press now, it may be turning into a longer hold than I wish for. It's going to be hard to find buyers in this storm of negativity. One further lesson learned... when you see a thread suddenly besieged by negativity just get the hell out... most people are not going to sit there and try to sort through who is right or wrong.. they will just say forget it. So while the short sellers may have been right on their positions (kudos to Anthony) the CFO resignation and waves of negative posts this weekend really killed it. I have never seen so much negativity around a stock in such a short time period. But I expect a short term bounce somewhere in the interim here.. and will sell into it. On further negative notes :) -DCLK which I highlighted had a big run today... missed out on that -CNET which I mentioned last night had a big run today ... missed out on that (but I still think its a great buy and this one could be starting a run) WATCH IT CLOSE On positive note: -DCTI which I mentioned yesterday as a short term play due to press release. Said not to buy unless it broke above $6.50.. well it gapped up past it, was a buy.. and went up 20% today. I am still in because I didnt realize the press release had come out yet (i hate work!) .. so at least got one call right. -Sold ABOV @ 28 1/4, to raise money to buy YHOO Options... slight profit. (still like the stock, just need more funds) - Bought Yahoo Feb 370 CALLs and also 5 Yahoo Feb 360 CALLs at very end of day. YHOO is retracing like mentioned earlier... typical and healthy. Correction might go on for 2 days more, if it goes down to $320 level I wouldnt be surprised. But Im secure in this position and full locked and loaded and waiting for end of week/beginning of next week rally. If it drops any further I really recommend a CALL position for a week long play. - Bought AMZN Feb 130 CALLs... for Wednesday 60 Minutes story. Chart is awful, and AMZN has potential to drop to $103 or so... but I dont see the Feb 130s much lower than $5, so I bought in today. - Re-established a position with my arch-nemesis BCST at 159 & 161 (only to see it drop to $151 grin) But confident in this position going into next week's split.