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To: Eric Anderson who wrote (2877)6/11/1998 2:32:00 PM
From: RealMuLan  Read Replies (2) | Respond to of 5736
 
Just a cautious thought. It is perhaps a bad idea to take new position of this stock back home tonight, because who knows this Asensio will give what other press release before tomorrow market opens? Do not underestimate these guys.



To: Eric Anderson who wrote (2877)6/11/1998 2:37:00 PM
From: Ron Harvey  Read Replies (2) | Respond to of 5736
 
Several murky messages from my crystal ball:
1. A number of fearful longs will sell into the announcement just to get their money back, so shorts who want out will likely be able to do so in an orderly manner, including Asensio, who, I'd venture, doesn't believe Asensio.
2. The announcement is so impressive that, as it makes its way today and tomorrow (PRNewswire isn't DJ or Reuters, after all) to new potential buyers, there's a shot at a very nice updraft.
3. Looks like a nice chance between now and a week from Friday at closing the gap (between 10 and 10 3/4) made on Monday.

The report is excellent. It did some first-rate horn tooting and should be a real confidence-builder for longs.