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Non-Tech : E4L, Inc. (NYSE: ETV)
ETV 13.90+1.3%Nov 21 4:00 PM EST

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To: John Arnopp who wrote (175)7/30/1997 2:32:00 AM
From: Todd D. Wiener   of 1080
 
According to Zacks, NM reports Q1 results on Monday, 8/4.

We already know it's going to be a loss.

Just a reminder to anyone who is not daring/stupid/patient/smart enough to wait for the Forever Imminent Buyout (F.I.B.), the stock has rebounded as I had figured, due to a technical resolution of an oversold condition. So barring any fundamental intervention, I expect NM to begin to head south again by week's end. If anyone doesn't want to wait for the possibility of something bigger, now might be the time to sell.

Let's put it this way: I'm not going to sell yet. But if I were a daring trader, or if I didn't expect a bailout at some point in the near future, I'd sell immediately and buy more NM in the 4's or 5's.

Todd
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