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To: FARRIS who wrote (3888)1/26/1998 2:19:00 PM
From: JOE MEDSKER  Read Replies (1) | Respond to of 4489
 
F,

Some of them are hitting the bid now. Once we get to Thursday, PW should be able to stabilize the bid. Even if they take in only 10 to 15 thousand shares a day, over time it will produce the desired effect. I would think there will be some days where PW will not have to provide any support. We will have to wait to see if Joe will give us any hints as to his plan of attack.

Best Regards



To: FARRIS who wrote (3888)1/26/1998 2:49:00 PM
From: Rashid Garuba  Read Replies (1) | Respond to of 4489
 
Hopefully the buyback is used to effectively smooth out the fluctuations caused by the momentum crowd.

Rashid