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Technology Stocks : Tridex Corporation
TACT 4.710-0.4%Oct 31 9:30 AM EDT

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To: Richard Rose who wrote (24)8/24/1997 11:18:00 PM
From: Dan Lisman   of 49
 
I've watched this stock long enough to know that it does not move in a straight line.(so I am not too worried about current price drop) But, I've been wondering; The other day when we closed at 4-63/64 we had been at 5 and 5+ most of the day. Does the market maker lose some of his "control" after $5? Would he have a self interest in nudging the price back under $5? (I'm using the line of thinking that most mutual funds can't buy stocks under $5) Oh well, when we DO get over $5 we will have a more populous market to bid us up. Another mult-imillion dollar sales contract and we will be there.

Dan
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