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To: Roy F. Baker who wrote (34885)9/17/1999 11:52:00 PM
From: cicak  Respond to of 44908
 
Hi Roy - interesting post from Raging Bull.

Regards,

Phil

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ragingbull.com

By: Alyce
Reply To: 18386 by Mr._Moto
Friday, 17 Sep 1999 at 11:58 AM EDT
Post # 18387

recent trading activity leads me to believe that the PP folks are juts about finished with selling. They did sell us down to 5 cents, (Really, you all know it was my bashing, right? LOL) and it seems that they are trickling out their shares at the 5 cents level. No more downward selling except those afraid of the reasons for the selling that were helping to drive it down.

If they're out there and I'm sure they are, and when they realize what's happened they'll be back in with REW's group that went on another adventure as per SI, we'll probably move up to 6 to 7 cents before any news is released. Probably about a 20 to 30% increase or
about 25 to 35% fewer shares for those that wait to buy back in.

Once news begins, and I think it's being written as we speak, there should be some steady upward movement minus any of the remaining PP divestiture. The shorting seems to have stopped altogether.

Al