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Technology Stocks : PUMA Technology

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To: Bayclipper who wrote (401)10/30/1998 6:49:00 PM
From: Ed Frye  Read Replies (1) of 851
 
How exciting --- 60% price increase on 8x ave volume and nobody has a clue as to why. A buyout???

A check of the intraday shows volume and price picking up at 11 AM. Prior to then there a couple of purchases in the 5,000 share territory. Volume peaked mid-day at 120,000 shares/hr but remained heavy through end of day at about 60,000 shares per hour. Sellers matched buyers between 1 and 3 pm (price unchanged) and then there was a small further rise in price the last hour of trading.

Maybe we will be bought out on Monday morning. I've lost track of our next earnings date but i don't think it's for a while yet. So, now we wait, wonder and hope for the best.....ed

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