Hello Jach. Well I see that the old Jach bashers are rather quite today, imagine that, anyway, IMO, this is take over speculation, with some meat to it. I posted an indicator of this build up the other day from the Thompson site, which shows institutional interest. With Siemans paying over 6000000. per employee for Redstone, the networking game is heating up, and there is a scramble taking place in order to stay in the game. Today is not related to options contracts expiring, for those of you who do not know, this buying started a week ago and from the volume today I would say something may be close, but that's just a guess as I have no inside knowledge, nor do I pretend to. If Fore goes, I would guess it would be upper twenties, or if not wait a year and it should be there.
Take care
Henry |