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To: Tai Jin who wrote (216)	3/23/1998 11:27:00 PM
From: Jim B	Respond to of 9824

typically when news comes out it does both... if the news is bad. the stock doesn't do much but move down... I don't see this happening as the news we're looking forward to is good as I've heard from the company. Also when news comes out the stock moves up as people gain confidence that the company can deliver on its development and future potential... then the profit taking comes in and pushes the stock down ... Then again the profit takers (based on the news) buy back in at a lower price ... many people on the sidelines also take advantage of the lower prices (again judging the quality of the news) and some even avg down after buying during the run up after the news... look at BNEZ... last week news finally came out on Thursday and people had been buying all week... Monday.. Tuesday.. Wednesday ... the vast majority of trades were buys... the stock didn't move much cuz float was alot higher than here.. much higher.. but anyway.. the news came out Thursday and stock moved a few pennies... but the day after the news it moved up 50% and has remained up about 30% since last thursday.. so the stock now has a new support level.. in theory... it hasn't been that long.. but my point is that usually if news is good and long awaited and the company has defined itself and their is strong interest in the stock... the news will continue to advance the stock... they'll be dips along the way.. but let's be realistic.. there has to be some selling or none of us would get any shares to buy... plus we all have to make a living somehow... take care.. jim