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To: Dale Baker who wrote (4588)4/20/1999 3:07:00 PM
From: SteeliejimRead Replies (1) | Respond to of 118717
 
Hi all,

What a blood bath yesterday--at least for the stuff I was in--MSGI,VMIX and I got into USAB too late--but at least back out before it got really ugly. Sure glad I didn't go for the IATV hype that was going on here over the weekend. That kind of stuff makes me nervous. Sounded too much like posts I saw back on the ELCO and LOCK boards. IATV might be the real deal some day, but for now I put it into the category of ENMD. I'm not too impressed with ELOT either, but I admit it will probably rocket if it starts signing contracts with the states for online lottery.

Thank goodness for EGRP and VRIO today--but I chickened out and am out again. Dale, can you look at VMIX on L2 for me? I lightened my load to hop on EGRP and VRIO this AM but still have quite a bit. There is very little info. out there except for SEC. It's been bouncing around since its IPO, but for the reasons I mentioned the other day, I think there is a potential for a big upside when there is more public info. on it and it starts publishing earnings. However, I'd like to see if there is accumulation or distribution going on.

MSGI I can't figure out. I was playing it after its first big drop, but it is still so far up from where it started that I don't know if it might have a way to come down yet. Looks like a good co. though. BXM earnings came out and must have scared a lot of shorts. They are posting more than the longs on the Yahoo board. The market must have liked the earnings though. Still a little too volatile for me though. Frankly, the whole market still scares me except for jumping in--and out--here and there.

Jim