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Technology Stocks : OSFT - Objectsoft
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To: Senicko who wrote (581)7/17/1999 9:53:00 PM
From: BIGFRED   of 694
 
Hi all:

I find it very fishy that OSFT traded the entire float with a minor gain on Friday. I understand that the stock is up about 70% from the low of this week.
Could it be that we have the classic phenomenon of buying on the rumor and selling on the news on Monday. If the news hits before the market opens, we could see a gap but profit taking will surely hit. People who cannot follow the stock on monday morning, should place a limit buy order. I intend to do the same.

Good luck

Fred
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