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To: Percival 917 who wrote (4776)2/23/2000 8:30:00 PM
From: Voltaire  Read Replies (1) | Respond to of 35685
 
Joel,

I see us opening up on Instinet in the morning between $139 and $140 then drifting the rest of the day down to about $135 to $133. Generally in situations like this you will give back two thirds of the previous gain on good news.

V



To: Percival 917 who wrote (4776)2/23/2000 9:33:00 PM
From: Dealer  Read Replies (1) | Respond to of 35685
 
I'm with you Joel, Something about this situation just doesn't make real good sense.

They don't factor in the good news. analyst meeting, etc.

But bring on the so called bad news and before the ink 's dry everyone's already factoring it in.

"Wong to Low" opens his mouth and everyone gets all bent out of shape.

dealer (very confused, going shopping..checking the price of Home Depot)