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To: Jack Zahran who wrote (23503)9/23/1998 7:26:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 31646
 
<<what happened during the day was pretty tight and stable buy pressure with an upward trend.>>

That's the best laugh I had all day.

The stock closed down over 10% after releasing its pathetic earnings report...on a day when all the averages were skyrocketing. When a stock goes DOWN that's not "buy pressure" or an "upward trend".

Perhaps you've been spending too much time on the TokyoMex "let's all get poor quickly" threads.



To: Jack Zahran who wrote (23503)9/23/1998 10:46:00 PM
From: Captain Jack  Respond to of 31646
 
Jack --- Yes I expected a pull back,, but from higher levels. The only reason we are under the close is EPS sucks. The only reason we are here is because there is no PR period. That alone has cost the share price a point +/-. I do not believe JJ can take the share price anywhere but down. It has only held here because of the Y2K product. The company has come a long way is correct but on Y2K. The core would have gained some to put it around 3 1/2 - 4 1/2. Y2k is worth a lot more than 1 - 2 points but I give credit to mgmt for NOT positivly effecting the share price,,, actually for impacting it negatively. I give them credit for producing great operations and products. Mgmt are producers but not leaders and decision makers ---- operations people that have concern for the product and customer, but not the shareholder,, for making news and keeping a lid on it... The only area we disagree on is SR mgmt.... we have names to titles but ,,,, now the same crap as has been said for a year... "next qtr". Past time to put up..... I will be the 1st to tell them when they do a great job as managers,,,,, need to be shown. Another great ay overall .... 19 issues held and only 1 down---- the usual. None of the others had great news today maybe????