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To: Zhivago who wrote (20534)3/8/1998 12:19:00 AM
From: john dodson  Respond to of 97611
 
Joseph,

Interesting prediction:

1. Open at $24
This sounds totally reasonable. My guess is we open closer to $25.

2. Drop to teens (I read this as $18-$19).
This is a little doubtful in my view. Remember we closed at $27 5/8.
You're talking nearly a $10 drop from Friday's close. Sure it could happen, but a drop of 36%? INTC only dropped a little more than 10% for their warning. My guess is a low of about $22-$23 for Monday.

3. Then after all of that recover back to nearly $23?
So, you're saying open down $3 5/8, drop $5-6 more, and then jump $4-5 before the close?

My take is we open on weakness, rally a little, then close a little lower, somewhere around $22 or so.

Course neither one of us know, but it is interesting to predict.

Good luck,

John Dodson



To: Zhivago who wrote (20534)3/8/1998 2:16:00 AM
From: zurdo  Respond to of 97611
 
Joseph, I believe the close will be a tad higher at 23 1/8. Thanks for keeping score.