ReSound, will it helkp us hear better ? Message Board

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Technology Stocks : ReSound, will it helkp us hear better ?

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To: Toni Wheeler who wrote (40)	5/8/1999 4:52:00 PM
From: Toni Wheeler	Read Replies (1) of 44

Moonray, I don't think Jim will mind my pasting his response to me when I asked his opinion of the odd action yesterday: <<<To: Toni Wheeler (4189 ) From: James Strauss Saturday, May 8 1999 1:46PM ET Reply # of 4191 RSND... Toni: The volume was four times the normal volume... That's a positive sign... The other party to the merger hasn't been identified as yet... Perhaps that explains why there wasn't a more significant move... Also, the announcement didn't guarantee that the merger would take place... The recent positive earnings announcement adds to the argument that the price will drift towards 8.00... As such, I look at this as an oppty for over 1.00 more upside in the next few days... Jim>>> This is a good explanation, IMHO, and I certainly trust Jim's opinion! BTW...He had RSND alerted on 4/15 on his thread! Later, ~T.

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