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To: John Carpenter who wrote (22727)5/22/1998 9:57:00 PM
From: waverider  Read Replies (3) | Respond to of 95453
 
Dude, you're happy about what FGII did today?

The stock traded 298,400 shares...about half its normal volume.
Of that, 80,000 shares were dumped in the morning which preceded it's slide to 32 1/2. The rest of the day the volume was pathetic. The last minute spike was probably shorts covering for the weekend. This is not the pattern of a happy stock.

Yes, I believe in the sector too. I just think we need to be realistic about the short term prospects.

God help me...I'm starting to sound like one of those weenie bears.* Sign of a bottom. Don't know...I'm still wiping off the schist that was spread across my portfolio from that alluvial fan interaction this past week.

*Weenie it be. Didn't know we were going to spend so much time on the subject. Of course you could spell it wenny which is the informal for tiny...as in "you have a weeny weenie." I know that is proper 'cause I used it in 3rd grade all the time.

Off to drink a large glass of bear, ah, er, beer. And Wayne, if your listening, you can add this one to the list of gloomster posts that are filling the holes here lately.

<H>