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To: BBG who wrote (2510)8/23/1998 6:39:00 PM
From: Harold Finstad  Respond to of 4230
 
JD, Considering it is up some 300% in the past 5 months and within 10% of its high, if what you say is true then the MM's must want it to go up.

But in my opinion, the Rights offering will assist the Company, with the cash raised, and the stock with the structure, both to increase to much higher levels over the next several months.



To: BBG who wrote (2510)8/23/1998 6:46:00 PM
From: Bill Purcell  Read Replies (1) | Respond to of 4230
 
Day to day, fundamentals mean very little to any stock. Look at month to month and quarter to quarter and it is obvious that GW is moving up. I think it is moving up because of the fundamentals and because it is becoming more and more obvious that the company is for real so the risk is decreasing. This is certainly not the chart of a pump and dump. And yes it does take a hell of a lot more buying to move the stock up than you would think it should given the size of the float. But it is moving up from month to month at a pretty good rate.
Regards, Bill Purcell