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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Ms. X who wrote (15173)3/8/1999 11:40:00 AM
From: Sir Auric Goldfinger  Read Replies (3) | Respond to of 34824
 
Jan what do you call the chart on WCAP? Is it a catapult? WCAP Winfield Capital owns 200,000 COOL carried at cost. A mini CMGI. If written up to 60% of market (144 haircut) the book would be $15.5. WCAP also has 225,000 MPTH (going on road show with Robertson Stephens this week/next) and 150,000 WGAT to be taken out by Jeffries/Gererd Klauer. After that, there is a third one anticipated in the next 90 days (http://www.rowe.com/). WCAP breaking to new highs as the institutional community reads the red herring on MPTH and WGAT and sees who owns shares pre-IPO.



To: Ms. X who wrote (15173)3/8/1999 11:50:00 AM
From: Jorj X Mckie  Read Replies (3) | Respond to of 34824
 
Jan,
Didja notice that CMGI broke a spread triple top today? Still with the decliners beating advancers, still very cautious. Decided to sell 2/3 of my position in CMGI just to lock in profits. Still kept 1/3 so that I could rah rah with OJ with the appropriate amount of enthusiasm.

NOVL, EMC and AMGN all working out well too.

JXM


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