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To: lizard lick who wrote (1572)2/7/1998 5:08:00 PM
From: rtp97  Read Replies (1) | Respond to of 1797
 
I agree with you that it is just frenzy. The contract is for $50M (inc. penalty) over 3 years. That's an average of $17M/year. For a company that just lost $40M in 1998, I still don't see any black ink in the foreseeable future.



To: lizard lick who wrote (1572)2/8/1998 7:31:00 AM
From: Paul W  Read Replies (2) | Respond to of 1797
 
What you are wondering about is probably very true. I jumped in on the bell and "stole" a quick point. In and out in 20 minutes. Thanks for the nice profit.
Does this mean the stock won't keep going? I don't know that. USUALLY, after a 55% gain in a stock that really has no $, there will be a sharp pullback as the momentum players leave the stock. As the volume drops over the next few days I bet you see 5 if not 4 again.

The CNBC effect works. I have checked it out.