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Technology Stocks : Tridex Corporation
TACT 4.710-0.4%Oct 31 9:30 AM EST
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To: Peter R Smith who wrote (42)10/3/1997 11:54:00 AM
From: Richard Rose   of 49
 
The last 10Q stated management's intentions to repurchase stock at their discretion. Perhaps they are buying during the dips?? The nice volume pop (and price) from early December when stock hit 5 seems to have subsided of late. The start of the previous dip was still during the higher average volume period - profit taking. Rise the past 4 sessions on low volume is intriguing, though too short a period to garner much meaning. Historically (past 5 months) price increases have come on low volume, as well as volume spikes.
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