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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Judge who wrote (1699)7/7/1998 3:18:00 PM
From: Doo  Read Replies (1) | Respond to of 18998
 
Assumes facts not in evidence, Your Sanctimoniousness.



To: Judge who wrote (1699)7/7/1998 3:21:00 PM
From: Kevin Podsiadlik  Read Replies (1) | Respond to of 18998
 
Hurt? Hardly. Half of yesterday's gains wiped out. And even then only temporarily.

A 25% spurt on a simple press release is awfully, awfully silly, no matter how well-timed the release. The only ones likely to get hurt by this are those in the Russell index funds who will have to buy at an inflated price tomorrow morning.

I'll console myself by being one of those selling to them.