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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (96016)5/18/2002 12:38:26 PM
From: Joan Osland Graffius  Read Replies (2) | Respond to of 132070
 
Tommaso,

Am suspicious the after hours trade is someone working the system to attract buying on Monday. I do not trust anyone on Wall Street!!!!!!!!! <ggg>

>>How long does such a disease go on, would you think?-g-

IMO, it will go on as long as there is money to be made by the day traders and speculators and will settle down when they start getting their butt kicked and some lose the money they made on playing the stock. We have a ton of shares that have been traded and who knows how many of these folks are still holding positions. The shorts could then come in and provide some short covering rallies.

IMO, we need to see what the contract is worth and evaluate the investment when we understand what the financials will look like. This stock will trade below its fair value and above its value and the game is to figure out over the long haul what the management is going to do to give us a return on our invested capital.

Joan