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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Troll who wrote (5872)4/22/1999 6:42:00 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
. . . HIGHLIGHTS. . . Gee. . . RRRR sure didn't disappoint. Glad did not dump all out on CEO. . . we need to take better note of any internet stock that the local short-sellers are jumping on. . . the gains are always HOTTER with them on board. The days end spike in RRRR was probably 90 percent short-covering on fear of a gap-up in the AM. We should hang around the short boards and see what they are getting into next. This one was just too easy.

This afternoon they released news of an equity investment. Read this:

LiveUniverse.com will include community tools such as Chat and message boards, e-commerce service such as auctions and catalogs and entertaining content such as games, polls, news feeds and more. LiveUniverse, which currently has over 40,000 web sites on its network, was created in June 1998. RMGI's investment is the first venture capital it has received.

Might have to look more closely at NSOL and DLIA. . . short-covering can yield some explosive gains. Perhaps we should keep our mouths shut on TPEG and hope that the shorts "find" it. Sure would like to see it hit 20 by the time they make their formal rollout of services and investments, next week.

CNET, IBM and QCOM have really given the Long Portfolio 2 a heavy shot in the arm. I did not make any adjustments for the additional gains that would have been made by 'trading' the stocks. Selling the gaps at highs, then buying back earlier this week would have made the portfolios some significant "extra" money. But we will just leave them be as is. . .they are still quite impressive on an as is basis.

Rande Is