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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: thebeach who wrote (40599)	5/14/1999 12:56:00 PM
From: Glenn	Read Replies (1) \| Respond to of 90042

I'm actually surprised they let it get so high. The mm's can't let it get too close to the buy out price. Revise your estimates of the buyout price upward with each uptick. Smiles, glenn

To: thebeach who wrote (40599)	5/14/1999 12:57:00 PM
From: Dave	Respond to of 90042

Beach, It's up a bunch already today...in a really crappy market even. What more can you ask for?? <GGG> Dave

To: thebeach who wrote (40599)	5/14/1999 12:58:00 PM
From: kathyh	Read Replies (1) \| Respond to of 90042

sorry tim, couldn't resist... <ggg> kathy :) Message 9511112

To: thebeach who wrote (40599)	5/14/1999 1:20:00 PM
From: Greta Mc	Respond to of 90042

I'm not an expert at this stuff, but I wouldn't be disappointed if COMS closed under $30 simply because your average 8 hour a day worker is going to read his/her issue of Business Week this weekend.....and if he/she sees that COMS was up over 2 points, but still under $30, it might seem like more of a bargain to him or her and they're going to want to get in on Monday. The higher it closes, the less of bargain it will appear to be and there would be less incentative for those folks to buy on Monday. Sort of like when you see items priced in the store at $99.99....people think "Look it's under $100"....but once it's priced at $100, they see it as $100 and it seems much more expensive and less of a bargain. Of course, if it runs to $40 today, I still won't be disappointed.... Happy trading to all. Greta Mc