Exide: Overbought or bargain? Message Board

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Technology Stocks : Exide: Overbought or bargain?

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To: Creditman who wrote (91)	8/22/1998 12:32:00 AM
From: Paul Senior	Read Replies (1) of 125

Have not a clue short term. Very surprised stock has jumped today (mkt down 77) EX up 1.3/4 on good volume. Article in Yahoo says Noranda lead mine sold out for the year, and there's no surplus of lead in the North Am. market. I would've guessed that means an anticipation that lead prices are going up and so EX profits going down, ergo the stock would've dropped. I think today was just a dead cat. Just my guess without knowledge: -stock will be back down on Monday. Congrats on your quick win here, and if you bought on my info, please give a small contribution to your favorite charity (not the Creditman fam. trust -g-). Paul

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