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To: Glenn D. Rudolph who wrote (40632)	2/17/1999 1:10:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) \| Respond to of 164684

<I sold the additional YHOO I bought yesterday. I sold it at 138 1/2. Now thinking of buying it back.> Good timing, Glenn. But why would you buy back. When a stock gives back its early day gain, does that not mean that there is selling pressure remaining. That sellers waited for dipsters to get drawn in, then took advantage of the situation by unloading the shares they couldn't sell yesterday. Why walk into the eye of the tiger again ? Isn't the same thing happening in amzn ? Did WH benefit from his recent move into MS's recommended play ? -Sarmad

To: Glenn D. Rudolph who wrote (40632)	2/18/1999 1:33:00 AM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

We are in the early stages of a mean correction. Shorted PTEL today at 15; (my order was only partly filled, darn!!) PTEL will lose $11 per share net this year, if nothing goes wrong. Co's annual interest burden is half of its annual revenues. Same, approximately, goes for omnipoint. I will try again with ompt tommorow. Shorter's dreams, IMO. I also tried to short CCU today, but it went down so the uptick I needed did not happen. CCU is losing big $ and they are acquiring another $-losing, big-debt co, Jacor. Victor