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To: Mighty Mizzou who wrote (6192)8/26/1998 11:28:00 AM
From: Ian@SI  Respond to of 18016
 
MM,

The market is not showing a lot of confidence in the head of the class.

NN is up more than 2% today while the market(NASDAQ) is down about 1 1/2%. That's a relative outperformance of about 3.5%. To me, that's a clear sign of confidence by the market.

I further expect that we'll see a regular stream of Analyst Earnings estimate increases and possibly even some upgrades during the coming weeks.

Regards,
Ian.



To: Mighty Mizzou who wrote (6192)8/26/1998 11:35:00 AM
From: pat mudge  Read Replies (2) | Respond to of 18016
 
The market is not showing a lot of confidence in the head of the class.

I believe you may have neglected to note today's volume and price increase against a down market.

If that's not confidence, then I don't know what is.

Pat