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To: Don Hess who wrote (5153)3/20/1999 6:03:00 AM
From: Ausdauer  Respond to of 60323
 
Don,

I feel the same way about Friday. No new news. A couple of good press releases under our belt. Smooth sailing ahead. Then...

...somebody decides to unload a position.

It almost felt like somebody was trying to start an avalanche. You know, drop a hundred thousand shares, completely overwhelm the outstanding buy orders, let panic set in, let the weak hands fold, then buy back into the selling frenzy at a lower price.

We did hold pretty solidly at around 33, so let's hope we can get some traction there. I wouldn't go so far as to say it is a base, but it would be nice to start another camp there. You know, base camp at 5 bucks, camp 1 at about 12 bucks, camp 2 at 24 bucks and camp 3 at 33 bucks...then an attempt at the summit!

It may be a while, but soon we will be "chewing up the ask" again.

Fasten your safety belts, folks. It's going to be a bumpy ride.

Ausdauer
(32 15/16)



To: Don Hess who wrote (5153)3/20/1999 10:42:00 AM
From: limtex  Respond to of 60323
 
DH -

OK but if it was just one big seller the price would have bounced back again by the close. Also this is SNDK and big, sudden downs like this have happened before so you have to be very very careful.

Regards,

L