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To: John May who wrote (1735)2/26/1998 3:42:00 PM
From: Jon Huang  Read Replies (1) | Respond to of 164684
 
A couple of block buy just crossed the tape...

Jon



To: John May who wrote (1735)2/26/1998 3:55:00 PM
From: Oeconomicus  Read Replies (2) | Respond to of 164684
 
John, I hope you developed, in Chapel Hill, the good sense to not push your luck. The almost instantaneous jump from 69 to over 70 had to be shorts' buy stops. Anybody else buying at these levels, besides being much more foolish than those of us throwing good money after bad, would not have caused such a sharp, instantaneous move. Look at it this way - somebody's unloaded a half million shares onto squeezed shorts in about a half hour. If it's not insiders, then it's the Viniks, Fidelities and Cramers of the world. Most likely all of the above.

If you cashed out, congratulations.

Bob