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Technology Stocks : Stock Swap

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To: Patrick Slevin who wrote (12936)3/25/1998 9:32:00 PM
From: Galirayo  Read Replies (2) of 17305
 
I'm Crushed. ...

How can you think that?

CMYN @ 1/16th Full Boat on 8Mil shares [they gave away little less than 1/6]. 1/8th is What? Conversion at 20 Cents is .... ??
Last Block today 630K Full Boat Ask of 1/16.

Anyway ... Forget their Book Value of $2.41?? Whaaa?

The DJ30 or the DJIA is in Wave 1 as I see it. In a Momentum Run. It's not moving too Fast. It's steady and a Nice Run. The Shorts are wiping before they get flushed.

I'd expect a short consolidation with little loss of momentum and then a continuance. I see nothing drastic like you may see coming.

Not Today Anyway.

Ray
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