SYQUEST Message Board - Msg: 4223450

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Technology Stocks : SYQUEST

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To: Michael Coley who wrote (6205)	4/27/1998 12:37:00 PM
From: Dale Stempson	Read Replies (1) of 7685

>>>RE: Price Action before Earnings?<<< Well, if there's going to be any sort of earnings run-up, it better happen fast. I had placed my bet that we'd have seen some upward movement by now, but since earnings are now almost here, I closed out my short-term bull position this morning and took a little loss. I'm not sure what to make of last week's action either. It was not what I had expected or hoped for, but then again, the downside risk was minimal, so I waited until now to bail. I agree that a new short position should wait until about $3.5, but I doubt we'll see much activity through Wednesday unless some press is released. Good luck to all. Regards - Dale (no SYQT position as of this morning)

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