Simulation Sciences (SMCI) Message Board

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Technology Stocks : Simulation Sciences (SMCI)

SMCI 51.96

+3.2%

Oct 31 9:30 AM EST

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To: Papril who wrote (161)	2/20/1998 11:59:00 AM
From: James Bowser	Read Replies (1) of 183

There is a large buyer in this stock today. I believe it will go over $8 on Monday. I have seen blocks of 75,000 on the buy side, 50,000 on the sell side and many blocks of 10,000, 15,000 and 20,000 both ways. This is typical of the activity you see when someone wants to own a large slug of stock. The stock traded very little on the way to 7 5/8 because that's where the buyer had to push the stock up to in order to attract sellers of any meaningful size. When those sellers are exhausted we should see another quick rise to the next level of selling pressure which I anticipate will be somewhere over $8. This is my opinion based on 9 years as an equity trader for several different investment firms and my experience with the way they,(we), traded equities.

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