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Technology Stocks : fashionmall.com, Inc. (FASH)

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To: Glenn Petersen who wrote (41)12/30/2000 5:02:28 PM
From: RockyBalboa  Read Replies (1) of 76
 
looks like J2J (junk to junk) to me, given the afterhours action with some severe asks from REDI and INCA in the low to mid 4s and no takers, there is in my opinion, little trust in the deal or its actual value for Fash. I would short the stock if someone bids it over 5.

I have watched the early market action on firm takeouts more than often and I find that then always massive support is provided at the bid...

Besides that, it could have been what some people call "end of year mark", with the bidders retracting their offers somewhere next year.
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