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To: Stephen M. DeMoss who wrote (4121)12/9/1997 10:05:00 PM
From: Fred Fahmy  Read Replies (2) | Respond to of 19080
 
Stephen,

<Each company would have a bounce the next day and then drift for about 2-5 weeks.>

What about COMS now? It has rallied sharply for almost a week since selling off on warning announcement. Do you expect it to give it all back and continue to drop for 2-5 weeks? BTW, I only bought a partial position today in case it drops further but I would be surprised if ir rallies a couple points, drops back off over the next couple days, and then finds support at todays lows. We'll find out soon enough but I have a strong feeling that 12-24 months from now the difference between 19 and 22-23 will seem relatively small.

FF