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To: NYBellBoy who wrote (4192)1/20/1999 11:26:00 AM
From: bob jordan  Read Replies (2) | Respond to of 4676
 
You know, when I turned on my computer this morning and saw 4 7/8, I passed out. What the hell is going on here? As alluded to by others, this is not an industry-wide rally, so clearly NRI has something going in and of its own. I have never seen this consistent a rise in NRI in the years that I have been following it. But it looks like one big shareholder sold into the strength and caused the price to fall back to the opening levels. Whatever it is, we will know soon enough. Earnings are coming out soon, but I highly doubt they are earth-shattering. I further doubt that the earnings announcement anticipation is the sole or even a main reason for the run-up. It is an exciting time to be a shareholder. It almost makes up for the years of being a lead weight. Almost. Now if we can only challenge those pre-split highs...

Regards,
Bob

P.S. I searched as much as I could for news (direct and indirect) and found nothing.