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To: Spiderman who wrote (5434)2/7/1998 6:52:00 AM
From: David Russell Coburn II  Read Replies (1) | Respond to of 19080
 
Don't have any idea. Could be as "1ml" said a few posts back that the Fund Managers and such are buying back in. It just looks very interesting that the volume double, tripled, quadruopled up at about 1:40 and never let up. Could have been alot of preprogrammed buying or short covering.

David



To: Spiderman who wrote (5434)2/7/1998 5:25:00 PM
From: Mo Chips  Read Replies (1) | Respond to of 19080
 
As I said before, CNN-fn reported that there were very bullish comments made by management. I suspect the closed door analyst conference on Friday gave big MMs confidence to get back in. I really don't think share by-backs are happening. Why are share buy backs what everyone always wants and thinks drives the price up??? I think it is a purely psychological event...

Mo


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