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To: Vol who wrote (128275)	5/24/1999 9:03:00 PM
From: stockman_scott	Respond to of 176387

<<My margined internuts going down nearly 50% maybe more...>> IMO, it is VERY dangerous to have almost any of the internuts on margin -- especially in this environment. Last fall I had a number of internut stocks (and A LOT of DELL) on margin. I was forced to learn a tough lesson and I had to release some CMGI at the very worst time. Be careful about when you buy internut stocks. I also prefer to keep most of my internet positions in my online IRA. This way I can ignore the insane volatility and trade some shares (tax free) when a great opportunity exists. I'm currently running with no margin at all and a little extra cash in my Waterhouse account. IMO, it's ideal to generate buying power early in a correction (or a period of irrational fear). Good Luck with your Investing. Best Regards, Scott

To: Vol who wrote (128275)	5/24/1999 9:16:00 PM
From: stock bull	Read Replies (1) \| Respond to of 176387

Vol, today, I heard a number of times that we are headed to 10,000. On a service that I subscribe to has the correction to Dow 9975. If you are on margin, you might want to consider some defensive measures. By the way, since we are seeing the sector rotations continuing, the techs and internets may not bounce back like they have before. JMO Stock Bull

To: Vol who wrote (128275)	5/24/1999 9:24:00 PM
From: Boplicity	Read Replies (5) \| Respond to of 176387

Thread, You all should stop thinking about buying a stock because it has come down from some lofty price, you are thinking backward if you do. At this point you should be looking for how large the vol. will need to be on the downside, and how low will it need to go, before we see a wash out. At some point we will see what I'm talking about above for the market at large. Try not to buy the first bounce off of this wash out, normally the first recovery is false. The reason for this false recovery is the fact that many investors will use it who are in pain, to get out at what they feel to be a better price. Renewed selling will occur, resulting hopefully in a double bottom. Sometimes this renewed selling will take the market even lower, showing to you what you thought was the bottom was in fact just a rest stop before the market resumed going lower. But if we are lucky, the second recovery will in fact be the bottom. I would like to see a catalyst of some type on the inflation front, lower gas prices, lower bond prices, or slowing economy to coincide with a bottom. As far DELL is concern, I feel the low 30s would be a nature buy point for a nice trade to 40. 55 will not happen anytime soon unless something changes with the current DELL story. I like to look for stocks that have held up during the sell off and which ones recover fastest off of a bottom, those are the ones that normally produce nice gains going forward. Greg

To: Vol who wrote (128275)	5/25/1999 11:01:00 AM
From: freeus	Read Replies (2) \| Respond to of 176387

re what good will a new high 6 months from now do if I am in a cardboard box underneath the overpass? I always think its crazy when people talk about doubles and up 50% etc, when that statistic is coming from the last low. Its fine for those in cash who can buy at the low, not so good or celebrationous for those already in the stock or on margin. But these days if you have to become a hobo you dont have to be under the overpass: you can be out in the sunlight in the park. Freeus