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Technology Stocks : Stock Swap
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To: Andrew Vance who wrote (13687)5/7/1998 10:24:00 AM
From: Jeffrey S. Mitchell  Read Replies (1) of 17305
 
Interesting psychology at work on EMND, IMO. I think shorts have $25 as the target price and thus decided to beat the crowd by covering at $28. Thus, they drove the price up over 31 again. I bet this may spur some buying by misinformed types and then the price will come right back down. I guess we'll see.

- Jeff
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