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Non-Tech : PHSS: have a look

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To: mike who wrote (52)3/4/1997 12:42:00 PM
From: Brian Pastor   of 113
 
If the shorts start covering, which I expect they will if the stock hits 8.75 - 9, the stock will head north of 12 in a morning, then fall back to the 10 - 11 range. BUT and its a big BUT -- if PHSS reports further bad news not already anticipated by the street, the stock will head south of 7. I believe this move up (which I bought long on) is in anticipation of an announcement re last Q's earnings that will be out either this week or no later than next Friday as per the company's investor relations dept.
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