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To: caly who wrote (1559)1/21/1999 2:21:00 PM
From: amadeus  Respond to of 5300
 
hopefully the pullback, and some consolidation at these levels,

will keep us from getting too far ahead of ourselves before launch day..
consolidation keeps the shorts away..



To: caly who wrote (1559)1/21/1999 2:23:00 PM
From: MilesM  Read Replies (1) | Respond to of 5300
 
Very good point calypso. I haden't taken into consideration limit sales of 20 dollars. In addition with the shorts comming in could be more doom and gloom, create a new floor for the stock, say at 18.50, and then work our way up again to a new high and new floor. Each time the shorts come in, we create a new floor and stability and then back up we go, stronger and harder.

Thanks for your analysis.

MM



To: caly who wrote (1559)1/21/1999 2:29:00 PM
From: Craig K  Respond to of 5300
 
The interesting thing about all of those limit sells at 20 is the MMs sat there and absorbed them all, somewhere between 100K and 140K shares....Good sign....then they got some selling momentum going, and tank it as far and as fast as it will go...rest assured that they won't buy at 20 and sell at 18.75....They needed those shares....

Craig


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