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To: R Hamilton who wrote (8033)4/1/1998 11:10:00 AM
From: cite  Respond to of 11888
 
Stock peaked at 4 3/4 at 10 a.m., straight downhill since to 4 1/8 now at 11:10 a.m. Any opinions on what the April 6th phone conference is all about. It sounds like a desperate act to me.



To: R Hamilton who wrote (8033)4/1/1998 11:12:00 AM
From: DRRISK  Read Replies (3) | Respond to of 11888
 
There is a big seller at 4 7/16 and conversely a big buyer of those shares. I reckon that almost 500,000 shares have changed hands at that price. IMHO the CC is for big news that will solidify us over 5. The resistence between 4-5 is a bunch of weak sisters or brothers who are letting go because they have had enough fear and loathing. Once we clean up these weak hands we get over 5. This is the market. Someone is buying big bulk today. Any Ideas? I bet the the CC is the Russian deal closing.
DrRisk