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Technology Stocks : Totally Hip Software Inc. (THW) - Just the Facts -- Ignore unavailable to you. Want to Upgrade?


To: Ainsworth who wrote (541)5/20/1999 8:06:00 AM
From: Greg R  Read Replies (1) | Respond to of 704
 
I take it as good news. We've been complaining about lack of news, lack of excitement about the stock. Well that falls back to the day-to-day leadership of the company. Our directors are listening to the complaints and the weak stock price. Action is being taken. A new more dynamic leader will be found to lead this company to the glory that it can and should obtain.

I see this frequently on INPATHIQUE charts. When a stock's price approaches the lowest point allowed, action is taken. Usually the CEO leaves, sometimes a share buy back is announced, hyped news releases, purchase offer ..... something to get the stock price moving back up and the shareholders off the backs of the directors. Well you, the shareholders got your wish. The most common action in this situation is taken. The CEO is gone. Promises of a new and better CEO are set to excite the share price on hopes for the future.

Greg