Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (14857)	8/30/1999 6:55:00 PM
From: vagabond	Read Replies (3) of 108040

Re ADSP: Now that the day's craziness is over, it might be worth pointing-out that there appears to have been no rational (yes, the "R" word) reason for this stock to have suddenly made this run TODAY. As far as I can tell, the excitement is based entirely on a FOUR-MONTH-OLD press-release about Ariel's ties to RedHat, which just seems to have gone un-noticed at the time and has now been cleverly "resurrected" (I'd love to know who BEGAN its re-distribution today). Yes -- in case anybody didn't notice, that PR was first issued on APRIL 27-th. The date's right on it, and is confirmed by checking the PR's at Ariel's website. In fact the company's most RECENT PR was all the way back on August 9-th, when it announced the hiring of a new Vice-Chairman. I'm certainly happy for everyone who made-out-well with it today (and wish I were among them, but I missed it) -- I just find it incredibly amusing, not to mention a little scary, that a run like this can be triggered simply by someone suddenly dredging up and "recycling" an old and previously-overlooked news item. More power to them, I guess... :) Vagabond

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