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To: Zebra 365 who wrote (10490)2/5/1998 8:29:00 PM
From: Mighty_Mezz  Read Replies (1) | Respond to of 31646
 
So relax, this selling was likely triggered by the calendar

Thanks for your take on the action.
Quite relaxed here, as there was also a whole lotta buying the past two days.
The 3/4 resistance, once we batter through, should provide next support level.

Eagerly awaiting the "aggressive identity marketing campaign." promised by Jenkins in today's PR.
quicken.excite.com if someone missed it

One more dip for another buy is OK with me. <gg>



To: Zebra 365 who wrote (10490)2/5/1998 8:42:00 PM
From: rt1^  Respond to of 31646
 
Zebra,

I hate to burst your bubble here, but there were no BLOCK sells, None, nada, zip in the last hour of trading. Fact is there were no, None, Nada, zip in the whole day, better check your tape again, Only Blocks,
ie 10k+ blocks were on the Buy side today. And if you look Real Close, you will see they were at the 3/4 level.
Now, that being said, I havn't a clue as to what you think a serious Block is, but to me they mean, Small Block=10k shares, Big Block=100k shares, only thing traded out in the last hour were nickle dime.

But then again, Hell I'm just a trainee.
rt



To: Zebra 365 who wrote (10490)2/5/1998 8:53:00 PM
From: Karl Drobnic  Read Replies (1) | Respond to of 31646
 
Zebra may well have spotted it. Since Ren Cap sold through Meyerson last time, and I did not hear about Meyerson doing the selling, my attention shifts to Bathgate-M. If they rushed through a closing window, fine. Cheap shares turned into more expensive shares, and that's good for the future. Zebra's scenario is legitimate market dynamics, and the consequence of the CEO's previous decisions. If Zebra's scenario is correct, I'm glad Jenkins saved the PR cannons until the cheap shares have been absorbed.