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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: BANCHEE who wrote (43112)12/11/2000 10:47:20 AM
From: Kevin Shea  Read Replies (1) | Respond to of 57584
 
USIX shows very strong TA here; strong weekly, strong daily, good 60.... "Bookend" volumes in 60 may suggest ST resistance... resistance at 5.62



To: BANCHEE who wrote (43112)12/11/2000 10:58:01 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Banchee, remember ISRG? It was a recent IPO. No sooner it was released, but RDOC began to fall sharply. My guess is that the investment bankers that released the ISRT IPO are the same ones that have been short-selling RDOC and trying to drive it out of business. . . probably so that ISRT could then buy them up at pennies on the dollar. My feeling is that the Nasdaq will wait on the FDA to rule before delisting them. . . .knowing that the price could come back all at once.

Rande Is



To: BANCHEE who wrote (43112)12/11/2000 11:04:41 AM
From: fastcats  Read Replies (3) | Respond to of 57584
 
I, too, have a small amount of RDOC. I am concerned about their intention to double the authorized shares from 50 million to 100 million. I'm not sure how many shares are outstanding or what the reason is for increasing the authorized shares, but could that have anything to do with the impending delisting and the probable success of an appeal? The annual meeting is tomorrow.


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