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To: frank/fla. who wrote (14297)8/18/1998 8:16:00 PM
From: Wolf 2  Read Replies (1) | Respond to of 25814
 
frank/fla. :

either a large seller or the house has downgraded, either way they have given up on mgt....considering this stock is at a 3.5 year low the sellers today where most likely big losers....above all the market hates uncertainty and due to mgt. silence there is alot of that!

I suspect you've hit the nail on the head but, having said that, doesn't this now have the aroma of the kind of abject capitulation we 'investors' are always supposed to be on the lookout for because it generally signals a bottom? While I certainly don't have unlimited resources, I've got the truck in reverse...gonna drop the tailgate shortly! First though I'll try one or two of E!'s margaritas.

Cheers,
Wolf