Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (13230)	2/21/1999 10:23:00 PM
From: Jose Matos	Read Replies (2) of 122087

BIKE: Worth the ride down from 11 to 7. Up 25% on Friday (+$2.25) to $11.25 on huge volume % change (up 580% over normal). Only news is an H&Q upgrade to buy from hold. Chart shows almost straight downhill from hi of 22 down to $7. Checked the last earning report, and found 47% decrease in earnings (still positive though @ 0.23). Practically 0 growth yr/yr. I don't think it will sustain the pop on Friday. I expect it to drop casually down (not a scam or SEC problem company) just overdone for the relatively minor news and poor earnings growth outlook. Maybe a good short tomorrow morning. Any opinion? Regards. Jose.

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