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To: Richard Tsang who wrote (6330)	5/19/1999 11:58:00 PM
From: Richard Tsang	Read Replies (1) \| Respond to of 118717

The portfolio is up 7%, despite the drop in MSGI which is now 12% of the portfolio. Bought NETG at 22 3/8 after reading email from BRS at lunch time. Another surprise rise of 12%+ on this one. Last time I traded this was two months ago, in at 19.50 and sold at 25 to see it go to over 60. Seems to me that the underwriters of the secondary offering was doing something to keep the price up. The offer of 4 million shares in March was priced over 30 if I recall right. BRS is the leading underwriter. Anyone know whether the offer is now completed?

To: Richard Tsang who wrote (6330)	5/20/1999 12:27:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

Internut news. Amazing how much debt AMZN can take on. America Online Inc. (AOL 135 1/8 +1 1/16): eked out a slight gain after holding a meeting for analysts yesterday... Prudential Securities reiterated its "strong buy" rating on online service provider and has a 12-month price target of $212. Amazon.com (AMZN 139 9/16 +6 15/16): Internet retailer files shelf registration statement with the SEC that would allow the sale of $2 billion of various securities... Stock was down 1 9/16 in after hours trading.