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To: American Spirit who wrote (58436)4/18/1999 7:18:00 PM
From: AHM  Read Replies (1) | Respond to of 97611
 
Frankly, I doubt the sudden resignation of Pfeiffer and his CFO will improve matters for the moment. I expect a huge drop tomorrow. If it had only been Pfeiffer who resigned that would be one thing. But I am suspicious as to the reason the CFO also resigned as suddenly. There may be a major problem beyond any considerations of managerial ineptitude.

I think many investors will want to bail out at any cost tomorrow until the underlying reasons for this joint resignation without prior notice are disclosed. Tomorrow could be a good time for bottom fishing.