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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (15483)	5/18/1999 11:15:00 AM
From: Gator	Read Replies (1) \| Respond to of 25711

PAPO about to pop. Hearing rumblings that news is expected today or tomorrow to announce acquisition of WorldLink (http://www.wl.net) thru a reverse merger. Major buyers rumored to be lined up when it crosses $5, only a couple of MM's between $3 1/2 and $5. Hardly a float to speak of (today it's gone from 1 1/4 x 2 1/4 to $2 x $3 1/2 on three trades). Nibbling under $5. Looks like one MM left at $3 1/2, one at $3 3/4 (Paragon), then nothing until $8. Gator