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To: vestor who wrote (6806)1/7/1999 1:08:00 PM
From: M. Carver  Respond to of 8359
 
vestor,

My thinking is the same as ours (about the equity buyout). As far as the short-covering being a part of yesterday's high volume -- I don't have any details to confirm - but I would guess it to be significant --- and welcomed. There will be more (short covering).

From a micro-point of view, the stock continues to show strength today on greater than average volume and has already shook-off the early day profit-taking, weaker market opening, etc.

I tried to buy more at $14.5 but was too damn slow. I have been waiting for this time period (that we are now in) since October - and I believe all indications are that it is going to be well worth the wait and the struggles with the shorts.

Mark



To: vestor who wrote (6806)1/7/1999 2:36:00 PM
From: M. Carver  Read Replies (1) | Respond to of 8359
 
vestor,

Update: Volume again will end the day on the side of "heavier than average" (and I did get lucky and pick up more at $14 5/8 today)!

Mark