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Technology Stocks : LHSP: Lernout En Hauspie -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Bob who wrote (1305)7/15/1998 4:22:00 PM
From: gc  Respond to of 2467
 
Thanks Doc. I'm trying to find another entry point, I've been trailing each day by 10 to 15 points waiting for it to drop back but it just keeps pulling away. I read the recent announcement regarding the dilution and expected it to drop, quite contrare, it took off like a rabbit based on their 3 and 6 month results.

I speculated it as a buy out or another LDDS (WCOM) in a deregulated market. I don't understand why the dilution didn't take effect on the price, and the volume is ridiculous compared to the price movement. Is this controlled by an MM? 500 shares causes a 5 point movement, Bid to Ask is a 4 to 5 point spread. I believe it is trading @ around 22 to 25 pounds in London according to my coworker over there.

I've enjoyed a nice ride and I want to buy more, but it needs the expert touch, let's call in the Doc., he'll know. He can fix anything. No double-entendre. :-)