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To: nokomis who wrote (2324)7/14/1999 10:16:00 AM
From: Sir Francis Drake  Read Replies (1) | Respond to of 10027
 
nokomis, I suspect this is just trading activity. I base this on the *relative* lack of big block sells today compared to all the preceding days. The blocks are still flying, but more rarely and the size has decreased.

Today's NITE behavior is critical - today there was some positive PR for NITE (OK, it wasn't totally unexpected - this news is not exactly new). However, if NITE cannot climb on good PPI numbers, a positive market and good news - then NITE is in serious trouble. NITE *must* respond to good news, or else what will it respond to?

I'm cautiously optimistic.

Morgan