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Biotech / Medical : Ergobilt (ERGB) - Ergonomic Chairs

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To: Scott D. Hakala who wrote (777)3/24/1998 3:28:00 PM
From: Cosmo Daisey   of 900
 
Scott,
"""It had to do with a forced cover on a long position. """
Ummm, I think this is what I was pointing out to Seuss might happen a while ago. These trades have nothing to do with the fundimentals of the company, merely the trading rules of the exchange but the net effect is a lower price. Once these weak holders are cleared out the price "may" recover a bit.
cdaisey@told/you/so.com
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