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To: Magic RN who wrote (4917)5/18/1998 4:25:00 PM
From: Stephen  Respond to of 8242
 
Carole, I like the strong finish, but the rest was disappointing. I don't believe BB stocks that move on news are really influenced by the general market movement, so I don't take heart from the comparison. Also, given that the stock got some coverage on the 'Briefing-In Play' section, I would have expected a better move. The good news is that the internet news stocks featured there often gap up the following morning (which disappears as the momentum players leave). This may explain who was buying at the close today. They will sell off tomorrow once any upward momentum has gone. Without them today, we could have finished below opening. Sorry if this all sounds so negative and its just my opinion. Without news tomorrow I believe we'll close below opening price. Still .... more buying opportunities as we say ....if it happens ... and I may be way off base. Lets hope so.
Good luck all
Stephen