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To: DeWAVE who wrote (1251)8/1/1998 6:47:00 PM
From: Rashid Garuba  Read Replies (1) | Respond to of 2752
 
To outline reasons COOL was not hot:

1. In a "me too" relatively low barrier to entry segment.
2. Opened on a Friday
3. Opened on the last day of the month. Market drop end of month related.
4. Opened after 2pm, preciselly when all competitors were in free fall. Think traders initiate new positions at 2pm on Fridays??

Hope DRIV opens the day after GCTY (on schedule for Aug 10)

Rashid
Bought at 5 3/8 on Friday