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Technology Stocks : USWeb (USWB)
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To: SJS who wrote (995)6/18/1999 4:19:00 PM
From: Steve Whitney  Read Replies (1) of 1188
 
G'afternoon.
You're quite right; on such a relatively narrow trading range day, today's action undoubtedly attracted momentum players with consequential short covering.
However, I was attracted to this company because it was behaving erratically; I still need to know why there was such a dramatic drop before todays recovery.
It could be argued; "so what", however, with such relatively attractive fundamentals, it would be nice to know that any further gains we may choose to take advantage of will not be cut out from under us by unknown company "restructuring".
Intel management has a lot of buddies at the country club, right?.
yt SW.

P.S. Thanks for the tune, Flinthead.
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