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To: AugustWest who wrote (2168)1/29/1998 4:02:00 PM
From: OtherChap  Read Replies (1) | Respond to of 9343
 
Well, I didnt cover today. I normally never hold a short
after hours, just in case there is some fabulous news that
causes me to get burned with a gap up, but I seriously dont
see that happening here.

Since they filed with the SEC for that new offering of
3 million shares, (10% dilution) they are in a quiet
period and can't issue hype-press releases. And they
obviously dont have any big money generating deals in
the works, or else they wouldn't have to raise cash by
floating new stock.

I think I'll wait to cover at 11. Tomorrow should see a nice
gap down. Daytraders getting out for the weekend, etc..