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Technology Stocks : IBIS

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To: robert who wrote (133)3/6/1998 11:16:00 AM
From: tom r. phillips   of 301
 
robert -- yes, i was giving you a bit of a hard time about your apparent belief that markets are or should be rational. also re. the notion that market makers and joe public latecomers were moving the stock the last few days. FWIW, i don't disagree with you about the fundamentals and appreciate your spelling things out. i made a lucky call and sold my IBIS shares at 13 on Oct. 24. (see my post here from that date). i've remained on the sidelines since then. i gather that you're short IBIS. if so, i think you'll probably be proved right for the short run.

tom
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