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  July 07, 1999 Wednesday update at 10:58AM
  Vandal Hearts 2, Dreamcast Magazine

NCS

Imports
Vandal Hearts 2 / SCPS 45415 / US$55
   One of our favorites from the days of the early Playstation now has a sequel. Luxurious graphics detailing blood spurting tactical action and luminous magic make this game that will occupy much time at NCS. The disc is code protected but look to the link posted above for the game scans and the required GS/PAR code. This game has been added to the NCS on-line store for new orders.
Dreamcast Magazine
   Another engrossing issue of DC Magazine arrives to fill the days and nights of DC Fans everywhere. The current issue includes a timely collection of every DC game released thus far, just as the next wave of titles begin shipping. Subscriptions will dispatch today and new single issue orders are welcome at US$11.50 per issue.

Everything Else
Capital
   BOE gold sale hammered the POG to dire lows. NCS protects positions with trailing stops so we were stopped out with a minor gain but we look to enter a new long position once things settle down. We think the metal will recover beyond all expectations, despite all the doomsayers out there and the heavy shorts. Every ton of gold that is sold is met by a buyer and we think that the buyer is the Fed. As in all markets, you enter when the crowd is exiting and vice versa. In the internet arena, we notice that the YHOO effect has hit earlier than usual. In yesterday's session, Yahoo was up by about 10 points in anticipation of it's earning report today. By the end of the day, it gave up the ghost and ended down about 3. Today, it's downtrend continues. We did not play the short earnings this time around since the market was so strong and we expected upside but it has tanked, albeit earlier than it's usual schedule. We'll stay away this time around since we think nets will move sideways for a while.
   Overall, we remain long equity and futures positions with stops. OEX calls have been very rewarding but we won't hesitate to flip bias once we see money flows tapering off. Hint: The floodgates are still open...

Send e-mail & pre-orders to ncs@escape.com

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NCS by the day Tel (718) 523-5774 Fax (718) 523-7069
Monday July 05 holiday
Tuesday In stock: DC Buggy Heat, Street Fighter Zero 3
Wednesday Vandal Hearts 2 in stock, Dreamcast Magazine
Thursday Playstation 2, Pocket Station on the way