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To: Harold who wrote (6554)8/25/2000 11:56:30 AM
From: James Strauss  Respond to of 13094
 
DRAX...

I didn't think that the "selling on the news" system would happen here, because this is sooooo big.

Harold:

Average daily volume has been 500,000 to 700,000...
siliconinvestor.com

It traded at 5 to 10 times that volume for the past two days... That suggests many traders jumped in for the quick profit... So, we are seeing them take their profits... What they can't do is take the FDA approval away... This positive fundamental change in the company's assets should attract more longer term investors... In the end, the stock price should benefit...

Jim