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Technology Stocks : PRI Automation up 30%

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To: MRO0054 who wrote (108)11/14/1996 11:56:00 AM
From: HB   of 193
 
I noticed that 350,000 share block also. Even without it, there
was high volume yesterday, and a lot of it was in the 34-35 range,
before the stock dropped late. I don't like to speculate too much
on who's selling/buying and what it means... maybe the market
makers have reason to think it's bullish, and whacked the price
at the end to make things look bad (down on huge volume) so they
could accumulate in the low 30's... oops there I go speculating.
I think your explanation (*rumors* of INTC selling) is more likely.
Who knows... Maybe INTC was buying more. Anyone have an estimate
of the value of the new Intel fabs announced yesterday (one at least
is old news, I think) to PRIA?

Howard
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