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Technology Stocks : Electronic Designs Inc. EDIX (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Tholen who wrote (50)2/4/1998 11:17:00 PM
From: Bill Tholen  Read Replies (1) | Respond to of 69
 
>>They'll probably let the stock do its own thing for a week and then start buying some back. Then (just a guess here) they'll follow up with a positive press release and shore it up from time to time with the repurchase.
>>

Apparently they did this even quicker than I thought. Good news out today to help hold up the price. I think $3 (or just under $3) is the new base for these guys. May go above $3 short term but I'm guessing $3ish is the bottom here.

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