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To: Pierre Mondieu who wrote (7357)6/2/1998 9:15:00 AM
From: Steelguy  Respond to of 10903
 
Pierre,
I have to agree with you. Although Capt. Ron tells of a philosophy we have all profited and lost money from I'm sure, this case does not seem to be set up as a buy on rumour sell on news scenario. Why? Because the stock is not trading at $ 4.00 or so right now after running on the expectation of the deal. Look at the stock now. $ 1.50 range is by no means, IMO overbought. We've been waiting for this for a long time. Take this news and put it together with the last few news releases and if we are not in a nice position with this company now than I will be a little shocked. Hey, the market will let us know but I am much happier to see this news come at $ 1.50 than $ 2.50. Good trading to all.