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Gold/Mining/Energy : GEAC.....Canadian best kept secret -- Ignore unavailable to you. Want to Upgrade?

To: john bass who wrote (425)	7/22/1998 8:18:00 PM
From: make.it.co	Read Replies (2) \| Respond to of 1571

i doubt the hotel announcement stimulated the rebound. i think it was just geac's "time" ! volume had been decreasing the last couple of days, and lots of investors had been waiting for it bottom before jumping back in to catch a rebound. today it hit $35 before noon, stayed there for a while with buyers continually showing up, and then moved up to 35.50 to 35.70 where it stayed till 3:30. between 3:30 and 4 there were 60 trades (higher than earlier in the day) and there was an increase in the volume. and it went up $2.40 in the last 30 minutes.