SOAPSTONE NETWORKS Message Board

Here's the recent sequence. Yesterdays high at 8.50 pulled back to 8.13 which makes a .37 range. Then the bounce to 8.40 was a nickel higher than a common % expectaion today and was %wise high enough to indicate the last pullback in the sequence would be mild and it was mild settling at 8.07. That 8.07 matches the 8.06 we mentioned prior for a larger timeframe and confirms the bullish stance of the move from 7.35. We continue to hold the shares.