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To: robert read who wrote (52793)4/16/1998 9:02:00 PM
From: sheila rothstein  Respond to of 58324
 
Robert, read most of the posts for today. I'm pretty neutral about the earnings report; could have been better and could have been worse. As far as the stock price tomorrow pretty much the same as today. 7-7.5 SR



To: robert read who wrote (52793)4/16/1998 11:25:00 PM
From: Naggrachi  Read Replies (2) | Respond to of 58324
 
Re: institutions

This institution thingie has me totally baffeled, never mind today's top line figures. All along I thought that institutions have long bailed and the data we were getting was prior to the Jan 22 disaster. Having read your post, I want to read this again, is institution ownership really at 30%?

I'm really impressed, so far, with the people at the top. Now if we can only get Mr. Seirk (sp?) to stick around.

I sold 300 shares at $10 last time we were around that number, I'm thinking of putting that money back in the company, however, I don't want too much of one company in my portfolio, what should I do? Shiela, the good Dr., what's your recommendation?

Zead



To: robert read who wrote (52793)4/17/1998 1:13:00 AM
From: Chucky  Read Replies (1) | Respond to of 58324
 
RE: Institutional holdings

How often do the institutions report this number? I thought it was only the end of each quarter.

I'm not sure I understand the logic here. Why would they want to be holding the stock during this last drop? If they got in last year, while Institutional holdings were low, that would have been ideal. I thought the whole idea was to get in or out before the institutions or other institutions. Unless this is close to a bottom, it looks like some of them were holding the bag again--along with plenty of the little guys and me (at least my unhedged shares).

Of course next week, I'll probably be the one left holding but after the puts expire. I plan to place a limit of 1 1/2 on the 7.5 P for the morning, and take another look in the afternoon. So lets say a low of 6 1/8 for the day and close around 6 3/4--numbers from my a** but hopefully better than Rocky's. At least this was right before expiration. That premium was worth the peace of mind. Oh wish me luck, shorted AOL at $75--yikes.

Later
Chucky