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Technology Stocks : CHRZ - What is the near term outlook?
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To: Greg Albanese who wrote (180)2/11/1999 9:43:00 AM
From: Oak Park Trader  Read Replies (1) of 443
 
KEA up on upgrades--CHRZ will follow!

Why would CHRZ announce buyback if their earnings stink? This stock should be north of $20 by end of next week.

This stock sold off because the Street knew there was big sellers out there. I think the sellers are done--but this buyback gives the Street the confidence to step back into the water.
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