Replies to post #193115 on Zeev's Turnips Patch-No Politics (ZEEV)

[TJ Parker]

A company only does this when they blow out the numbers.

hmm. don't i remember nok doing this for just the opposite reason? (to which my paranoid self would say: hell, if the market is already going to be down, might as well get it over with ...)

[madrose1]

IBM sure did come to the rescue ...nice bounce for yhoo off $45.30 or so...

they sold them didn;t they on the news?

<g>

[madrose1]

QLGC ..now who would have thunk it would sell off ? ;-)

[JLSegal]

I recall a similar 'tactic' a few years ago ....wasn't it SUNW who 'accidentally' leaked their very strong earnings on their web site ....Oops (I don't think so).
However, a good word from IBM may not be enough to save the day.
Look whats happening to QLGC now ...dumping further, now in the 45s.
Glad I resisted temptation to buy a couple minutes ago at just over 47.

[madrose1]

19:01 RIMM: Hearing co prices 10.5 mln share offering at $78.25 (79.21 +2.53)

have to give the bankers credit Leh and MER for getting that <g>