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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked
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To: HandsOn who wrote (50276)6/9/1999 3:22:00 PM
From: AUrush  Read Replies (1) of 90042
 
CS: DON"T SELL!! You will throwing away a 50% gain within a month. CS is showing the exact same signs as FORE..

1) They restated earnings regarding the SEC inquiry - just like FORE took all of their write-offs for obsolete products in the March QTR - If your gonna be bought restatements and writ-offs WILL occur because they are meaningless once aquired and

2) Benson resigned. IMO that was part of the deal in the negotiations - so we must be close - often times the roles of executives become sticking points in negotiations - this is a very bullish sign that a butout is eminenet
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