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Technology Stocks : About.com (BOUT)

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To: Scott Brooks who wrote (254)5/27/1999 1:21:00 AM
From: Sanjay Varma  Read Replies (1) of 438
 
BOUT rose $7 in last hour. Similarly BOUT made up $10 off intraday low in less than an hour. The small float is at work here...

There is no reason for this stock to bounce back so strongly off low, since it is a big money loser still. Similarly, there is no reason for it to rush back to high 40's, since there are only a few months of trading history to consult. I suspect BOUT will be a good short tomorrow, sell at $47 and cover around $40 or below.

-Sanjay
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