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To: KY who wrote (18522)	5/25/1999 11:57:00 PM
From: Tunica Albuginea	Respond to of 41369

Ky, " buy 1/2 at 112 and the other 1/2 at 92 ". I decided instead to start buying for AOL 1/2 at 117 and the other half at 112-115. I don't think it's going to 92. Also bought 1/2 of my position of YHOO @ 137 and ATHM at 116, LCOS 97. These stocks account for 90% of my INET positions. Here is another view. We may not have to wait the usual 3 days for margin calls stock dumping. This may have already have occurred today and yesterday through what I believe is called a T-1 margin call. That means you are severely over the limit and stock must be liquidated the same day. The falls the last 1 week have been bad enough and fast enough to generate T1 calls. We have now achieved an 18% decline in Internet stocks which is what a healthy correction calls for. Anything over 20% would be a bear market and I don't see a bear market coming in the Internet one of the sizzling hot growth aereas. ( Somebody correct me if I am wrong about the T1 call; I will recheck it tomorrow with my broker ). I am planning to finish off my buying tomorrow for the other half of my position or Thursday if things don't look good tomorrow. I think we will snap up on Fri PM and take off next Tuesday. This is a hot aerea and it is oversold for the above stocks. I also have smaller positions in INKT, SCH, DCLK,NTBK, PCLN, TA You said: Mindshare, You are correct on Acampora. Just above 7400 in the fall, he said we were going to 6500. When we reversed, he changed his tune. The guy is an idiot. Like your analysis on limit orders around 112. My strategy: Buy half of my next position there at 112, the other half at 92. If it doesn't go to 92...oh well. Then it's sit back and enjoy the ride while all the mo-mos start chasing the damn stock again over 175. Really not that complicated. KY