Spectrum Holobyte, Inc. (SBYT) releases Q2'97 results Message Board

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Technology Stocks : Spectrum Holobyte, Inc. (SBYT) releases Q2'97 results

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To: John Allred who wrote (700)	9/17/1997 11:15:00 AM
From: John	of 833

<<Why the drop in SBYT? The broad market is doing well, SBYT release relatively good news (releases s/w), and other s/w game companies moved up today? Why the drop on heavy volume????>> The drop was not on heavy volume. Volume on SBYT in the morning was enimic - only a few thousand shares traded - then someone dumped around 50,000 shares - and the price tanked. The rest of the volume occured AFTER the price drop, as SBYT worked its way back up to 5. JV.

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