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Technology Stocks : COMSAT

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To: Paul Weiss who wrote (13)6/30/1997 1:18:00 PM
From: Mitch Soboleski   of 55
 
Hi Paul- As an institutional trader I used to handle all the distributions for a number of V/C's. Usually the shares go to unsophisticated holders who drive the companies stock down temporarily. This is an especially large distribution and I am shocked that there has not been more downside pressure on the stock. After i see some volume trade i would be long the stock as I believe there will be more near term positive news.

Mitch
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