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To: Stums who wrote (799)7/26/1998 8:28:00 PM
From: Sir Auric Goldfinger  Respond to of 970
 
Shorts covering on the earnings release date pure and simple.



To: Stums who wrote (799)7/26/1998 10:02:00 PM
From: Marz  Read Replies (1) | Respond to of 970
 
Short's have made a good profit of late and 15 is an area of long-term resistance. Now that the bad news is out it would be a logical place to take profits. With over 3 million shares short, any positive news is likely to result in similar reactions with quick price spikes up.


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