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To: Shege Dambanza who wrote (206)4/16/1999 10:30:00 PM
From: Robert Einstein
   of 261
 
Anybody Home?

The stock was up almost 4$ at one point.
Robert

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To: Robert Einstein who wrote (207)4/16/1999 11:41:00 PM
From: Robert W. Popejoy
   of 261
 
SAVLY

The stock traded 4 times its normal volume in a big range.
Institutions own 70 per cent. Looks like a lot of accumulation.
Do you know what caused the price to go down so fast on the
recent decline?

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To: Robert W. Popejoy who wrote (208)4/17/1999 10:39:00 AM
From: DZOO
   of 261
 
Street estimate was .21 they preannounced -.05 not good.
I have a position in savly.

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To: DZOO who wrote (209)4/17/1999 6:47:00 PM
From: Robert Einstein
   of 261
 
That is already priced into the stock.
Robert

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To: Robert Einstein who wrote (210)4/17/1999 6:56:00 PM
From: DZOO
   of 261
 
True. But if you read the entire post you will realize I was providing an answer to the following question that was posited in a prior post:

> Do you know what caused the price to go down so fast on the
recent decline? <

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To: DZOO who wrote (211)4/17/1999 8:23:00 PM
From: MikeM54321
   of 261
 
DZOO,
I understood what you were referring to in your first response. Now I have a better question for you.

What made it move up 29.32% on Friday? Is it simply a matter of being oversold? I have not followed it long enough to get a good feel for it. It has recently been down as low as 6-1/4. So I'm puzzled as to why it decided to move so much on Friday.
Thanks,
MikeM(From Florida)

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To: MikeM54321 who wrote (212)4/17/1999 8:46:00 PM
From: DZOO
   of 261
 
Pure speculation at this point but here goes:
1. Options related activity
2. Oversold condition
3. About 3/4 of activity was institutional
4. Momentum players jumping in for a short ride
5. Take over speculation due to industry consolidation
6. Bargain hunters

Anybody care to add to the list?

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To: DZOO who wrote (213)4/17/1999 9:44:00 PM
From: Robert W. Popejoy
   of 261
 
Could be any or all of those reasons.

Anyway I'm on the wagon for a short or long ride, whichever
develops.

Will it open Monday on a gap - would guess so. But I been
wrong many times and hve the confirmation slips to prove it.

RWP

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To: Robert W. Popejoy who wrote (214)4/17/1999 10:30:00 PM
From: DZOO
   of 261
 
I hope your right about the gap open Monday. Monday's action should tell us allot about how much of an effect options expiration had on the price movement. Allot of times stocks move in the opposite direction the day after options expiration. It will bode well if we can stay above 10.

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To: DZOO who wrote (215)4/17/1999 10:58:00 PM
From: Tom West
   of 261
 
There was some takeover talk a couple of weeks ago. Anybody recall any of the names mentioned?

Tom

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