Cable Car Beverage (DRNK) Message Board

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Non-Tech : Cable Car Beverage (DRNK)

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To: INVESTOR who wrote (126)	6/9/1997 9:57:00 PM
From: Steve Patterson	of 284

Welcome to the real world. This happens all the time. I watched Zytec stock trade at something like 10x normal volume the day before they announced they were going to beat estimates by 30%. Perhaps someone peeked? >It seems to me that 'someone' knew about this re-evaluation BEFORE it hit the wires..based on the price/volume action of last Friday. This seems like illegal manipulation to me. The key is to not buy or sell in reaction to news. This means you have to be smart enough to know (for instance) DRNK is a great company before seeing the last quarterly earnings, but that's what due diligence is for. Perhaps we'll all get lucky and the market will present us with another buying opportunity. Stewart's is _flying_ off the shelves at the local store; they can't keep it in stock. Still long (and looking to buy more if the opportunity presents), Steve

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