just put out a "heads up" to their brokers according to a friend who is a broker. I called him to see if any news was out on RENT.He said they were not going to initiate coverage, but did tell their brokers that RENT should generate "cold call" business and that their outlook for earnings was .70 to .85/shr in 1998.At .85 times the present PE the stock would be at $19.00.And I'm gonna retire early.By the way, he bought some at 8.00 for his own account.
for the drop--or was it just profit-taking???-Wasn't able to follow it today so I'm in the dark.
There was no news anywhere I liioke. The kast thing on DJ News service was about BB....S, must have been profit taking...Rest of week should be interesting