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To: Dale Baker who wrote (20470)9/5/2000 2:17:32 PM
From: Norm DemersRespond to of 118717
 
RSAS, maybe a bounce will come just before earnings. I figure it's a no brainer after the forth qtr. comes in though. We could get a bounce to 60 short term though, maybe this week or next due to expiration. There are a lot of shorts and you can figure the price will run to kill the latest puts. (IMO of course)



To: Dale Baker who wrote (20470)9/5/2000 4:09:43 PM
From: Norm DemersRespond to of 118717
 
I watched the trades going through on RSAS in the last half hour. It moved right up to 56 and was climbing to a nice close. Then 3 mins. before the close it was attacked and closed below 55. I would assume this was to scare everybody who uses charts away from the stock. I'm holding on, when the shorts cover it's going to go ballistic this time.


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