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Technology Stocks : TranSwitch Corp: Will they get Zenith Business?

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To: invest2gain who wrote (114)1/14/1997 10:07:00 AM
From: Stephen J. Eisenreich   of 669
 
There is an appearance of opposing forces at work in this stock. As it slowly rises, and this has been happening since it was at 4 7/8, there are people who seem determined to keep it from rising too fast. I have noticed many, many big block shares being dumped out there at the bid or below which, momentarily at least slows the stocks upward trend. Obviously there would be some profit-taking from those who were in at 4 7/8-5 1/4 at the levels the stock is at now, but I keep wondering if someone is invested in depressing the price, and if so why? Any comments?

Steve
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