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Strategies & Market Trends : The picks

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To: Trader X who wrote (3853)2/4/1997 6:16:00 PM
From: Christopher A. DeMartino   of 6124
 
Re: PERF
To KH,
I believe you are in on PERF. After close today they had a few PR's. One was turning down the latest bid and the other was making an offer on another company for 40M. Both are availiable off the Yahoo quotes site. I was just curious what your thoughts on the movement of this stock may be tomorrow based on the latest releases. I know you are the (TA) man on this site but I was just curious did you buy into this strictly on a TA basis or do you have any more insight into the company as it relates to the other companies it holds a stake in.
I came away from reading the PR's with a real positve feeling and hope that others will to. I heard that trading was stopped on this one at 1:00 today, do you know if this is true. I was thinking maybe that is why volume was so low today. I know this is already someones pick but I think tomorrow may be a good day for it!!!
Thanks, Chris
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