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To: Baz Luhrman who wrote (2470)3/18/1999 8:45:00 PM
From: RobertG  Read Replies (1) of 8858
 
I was thinking somewhere between $10.20/$10.50. I have noted in the past with "similar" fast run-up stocks that after the first day correction they usually also end off on the second day taking back about 40% from the the peak - so the shorts make their bit of money as well and clears out the profit takers - I would be looking for this to stabalise monday/tuesday and then start moving again?? I think its actually quite healthy to have a realistic correction to clear out the old wood???
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