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Non-Tech : Bombay (BBA): Time for a run up?

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To: robert a belfer who wrote (133)8/6/1998 9:40:00 PM
From: Ed Perry   of 202
 
<< The Bombay Company, Inc. Announces July Sales Increase>>

I was surprised to see how slow BBA was to respond to this newsitem.
The announcement was early, BBA opened lower then began to firm only at about midday.

Again I am seeing a two tier market. The big caps and the hyped and then everything else. This slowness to response is probably a good thing. The followup will perhaps unfold gradually right through the Christmas season.

Ed Perry
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