CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS Message Board

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Strategies & Market Trends : CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS

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To: Cavalry who wrote (157)	9/11/1998 11:06:00 AM
From: zx	Read Replies (1) of 1637

rumor or truth. the end of the squeeze ? : Communications : Able Telecom (ABTE) \| Previous \| ------ \| Respond \| Remove Navigation To: Scott A. Trapp (276 ) From: PRO TRADER Friday, Sep 11 1998 10:33AM ET Reply # of 277 Able issues a press release that states they PLAN to issue a new 30 million dollar note. (PLAN being the operative word) They have 6 days before time runs out and this is just a scheme for insiders to sell stock. Pro Trader ------ Previous \| Previous \| ------ \| Respond \| Quotes - 100-Day Chart - News - Discussion - Communications View SubjectMarks Bookmark this Subject Able Telecom (NASDAQ: ABTE) Time: 10:30AM Last Trade 5 9/16 Change + 29/32 (+19.46%) Bid 5 1/2 Ask 5 5/8 Volume 0564,5000 Prev.Close 4 21/32 Open 5 00 Day Range 5 00 - 5 13/16 Last Tick 00 Avg.Volume 0632,1000 52-week range: 1 3/4 - 20 15/16 inspite of this obvious bad news, people are not selling ABTE but buying instead.

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