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Non-Tech : Bombay (BBA): Time for a run up?

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To: David R. Schaller who wrote (63)2/12/1998 8:20:00 PM
From: LTK007  Read Replies (1) of 202
 
I am quite admittedly practicing short-term trading,as I have all the
longs I can handle--I simply have no place for another long right now.
So I must keep to my mental stop price on this as a short-term discipline.But in learning about this company the past 24 hours I think
it is a good long.Revenues up, a new COO,getting their act together in
general.
But the tantalizing thing is all I hear is a takeover of Bombay by
Pier One would be a very smart move by Pier.And it makes sense.
The tremendous volume yesterday simply vanished today,and its really
a guessing game now.
If the stock drifts down to 5 & 1/4 tomorrow I will have to sell.
Max
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