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To: hitesh puri who wrote (12800)12/30/1997 9:51:00 PM
From: Glenn D. Rudolph  Respond to of 45548
 
hitesh,

This clique you mentioned is very accurate. The money managers all have access to the First Call wires. I am not referring to the earnings estimates. There is a lot of information exchanged but kep within the cligue on that wire. There is another more restricted wire coming into use but I do not know the name. This "elite" group then creats the monentum in either direction. Playing the momentum often works but not trying to get the top or bottom. Close is good enough.

You made an excellent post with many great points.

Glenn