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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Seuss who wrote (5149)	12/15/1998 2:31:00 PM
From: Joe Hoek	Respond to of 18998

FHT - daytraders driving it - seems the sell buttons got hit as soon as the interview was winding down. I stopped out at 14 1/8 - trying to decide where to re-enter. I wish it wasn't on CNBC today - I liked the slow steay rises of 2 weeks ago much better.

To: Dr. Seuss who wrote (5149)	12/15/1998 3:37:00 PM
From: Hank	Respond to of 18998

I can't say for sure until after I see the after market data but I didn't like that sell off after the CNBC piece one bit, so I just sold the end of day rally at 14 3/16. It seems as though a lot of people were looking to sell into the hype created by the TV spot. Also, the CEO said that things would be quiet for FHT (ie- no more significant press releases)until after the holiday. That means there will be no further news events to push the stock higher and the poor condition of the overall market right now won't help to propagate this rally. I look for a possible spike to the upside tomorrow followed by another pull back. If they vote to impeach on Thursday, the pull back could be severe IMHO. It may be a good short for the rest of the week but I'll have to see how tomorrow goes. After Christmas, if the market settles down, it may be time to go long again. All my opinion. Hank