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Technology Stocks : The Panda Project (PNDA)
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To: Mike Farmwald who wrote (707)12/16/1997 3:23:00 PM
From: drakes353  Read Replies (1) of 1521
 
Actually Mike many of these companies see a mini relief rally after the financing deal gets announced. Kind of an "oh boy we ain't goin' bankrupt (yet)" kind of thing. Often gives you an opportunity to sell some more at somewhat higher prices. Once the reality of the situation sets in and the shorting begins the schnide begins anew.

drakes353
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