Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Robert Graham who wrote (2859)	7/24/1997 1:13:00 PM
From: The Perfect Hedge	of 42787

Bob-- I hope the pullback today continues.It's weird,the stock zoomed at the open and tested 36 1/4 then it pulled back to 34 7/8.Volume also zoomed in a matter of minutes to help it go up,That's what makes me think that the underwriters are distributing stock as they see fit.The latest report shows outstanding shares to include the recent po but I don't think the shares have made their way out of the underwriters' accounts. I'm looking at Dec. calls,the 30's and 35's.Also the Sept. 30's. The history on the stochs chart says the stock should dip into oversold territory and then zoom back up,thats been the pattern.I'm hoping it will do it again because I want to be in it for Sept. earnings report.Any ideas?GD

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