Playing Hammered Stocks for a Bounce, But How? Message Board

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Strategies & Market Trends : Playing Hammered Stocks for a Bounce, But How?

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To: JEFF CHAPMAN who wrote (98)	1/29/1998 7:10:00 PM
From: Mark Jenkins	Read Replies (1) of 159

Jeff, Keeping my fingers crossed for a gap up above $5 3/4 (WTEC) at the open. The news release didn't seem so bad and I believe that this was a classic overexaggeration of selling. Profits were offset because of a one time gain in the prior year quarter, revenues were up, and money was spent on infrastructure in anticipation of pending business that will close this quarter. Who knows!!! Maybe I should just hang onto it. Going to do more research tonight. Yea right!! It will probably be gone by 8:31 AM CST ggggggg (Have to free up some cash for the next BOUNCER!!) MJ

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