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To: Doug Bean who wrote (874)2/5/1999 3:49:00 PM
From: Andy Blaher  Read Replies (1) | Respond to of 1837
 
I don't know. The volume looks pretty good considering I can't even find a rumor anywhere of what is going on. I am constantly amazed in this era of instant communication and law to discourage it, how inside information continues to be a significant factor. Certainly can't make the argument anymore that it was just a time delay.

All in all a pretty good day.

Andy



To: Doug Bean who wrote (874)2/6/1999 3:56:00 AM
From: dancin fox  Read Replies (2) | Respond to of 1837
 
In the event that any news coming is not Cenestin, I see two logical possibilities for Fridays move:

1.....One of the ANDA approvals is about to be announced.

2.....An institutional investor(s) made a couple of large buys (as the chart indicates) which alerted a small hand-full of daytraders to jump in. In addition, I feel that the 250k short position held by market-makers and individuals (who have been watching for any movement or news) covered a good part of their short position today, as a result of the fast volume.

Of the two listed above, my guess would be #2. It has happened before. Any thoughts?????

By-the-way, I'm new to this thread. Have been posting at Yahoo for some time.