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Technology Stocks : RMII

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To: Sir Auric Goldfinger who wrote (219)12/30/1998 9:21:00 PM
From: LTK007  Read Replies (2) of 345
 
Auric I did a study to see what caused this to run up suddenly,and when I found out,I just shook my head in disbelief---the huge vertical spike with huge volume occurred virtually simultaneously with Joe Kernan saying that the CEO of RMII would be a guest tomorrow on CNBC---and that is it--nothing more--just that--he says that,and thousands of people in front of their computer immediately start buying Rocky Mountain--I thought that could not be topped. but the next day we have the great apparel sympathy play with GIII(which was in sympathy to Active Apparel announcing they have a web-site and it goes up 8 fold and then 16 fold---now would I have played this by getting into these stocks before hand if I could have predicted such events--you bet--I decided that the day I saw MZON give an old press release about an auction site--went to the auction site and saw it was
ridiculous,with all of 6 used computer things up for bid--and decided
who would be crazy enough to buy that--saw the stock then run from 15 to 56 in one day----wild all this.Max in Maine
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