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Technology Stocks : Precision Standard PCSN killer Q1

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To: Rashid Garuba who wrote (10)5/19/1998 4:14:00 PM
From: Kimberly Lee  Read Replies (4) of 68
 
Prior to May or perhaps even today, NAIB (North American Institutional Brokers) was never a market maker of PCSN. They appear from nowhere today and seem to possess countless number of shares to sell, leading me to believe that they have a large sell order to unload.

Knight and Sherwood, the two other active mms, were sitting at the best bid far more frequently than at the offer side, a pattern that corresponds to the buying pressure we've seen today. But NAIB remains an enigma.

Going to call some mms to schmooze. Can't wait to hear what they have to say.

Kimberly
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