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To: j glad who wrote (2544)10/23/1998 12:21:00 PM
From: udrider  Respond to of 10072
 
To nervous investors like myself, confirmation of a turnaround to profitable means a million. That's why you see money pouring in.



To: j glad who wrote (2544)10/23/1998 12:23:00 PM
From: jwk  Respond to of 10072
 
>>>I did not realize that the pure hiring of a CEO constitutes a $350 million dollar gain in the market valuation of a company.<<<

Consider the possibilty that the sub$5 price had a a bit of *NO CEO* depressant built into it. Part of the $350m could be just a lifting of that negative and not necessarily a new premium for getting a CEO.