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To: Piranha who wrote (2613)4/27/1998 7:24:00 PM
From: Joe C.  Respond to of 16960
 
My unscientific view is that sellers don't want to sell and the buyers want to see bottom before they buy. I've noticed that this stock tends to open on an uptick (overnight buyers) drift down on the day with few buyers and sellers and more recently spike back up at the EOD. What we need is some real buying during that mid morning/afternoon session to push it higher. This will probably start some short covering and trigger a strong push up. This will feed on itself by getting the people on the sidelines back in and pushing us back over 30 easy. If this doesn't happen and we drift, they have a few key dates coming up for potential announcements (i.e. analyst conference, E3). In any case, I was extremely happy with the stock's performance today in that it shows that at least for now we're not linked to closely to the general market. Wouldn't it be nice if they announced Banshee on a 200 point up day? Joe C.