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Non-Tech : PHSS: have a look

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To: Napoleon Solo who wrote (93)7/8/1997 4:18:00 PM
From: Steve Hudson   of 113
 
Wayne,

What a day. People think there is news (e.g., big contracts, etc.) or a takeover (e.g., HBO) the way it traded today. The day traders hopped in with everyone else. I can't find the rumor that's moving things.

Chicken that I am, I sold the 1/3, plus 1/3 more. My cost on the whole lot is 7 5/8, so it is a good trade even if I regret it tomorrow. I will evaluate the last 1/3 overnight.

Good luck,

Steve
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