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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: Troy Christensen who wrote (7518)1/27/1997 5:47:00 PM
From: RAY WACLAWSKY   of 9477
 
One thing I noticed is that the bid/ask size is 2 to 1, namely, they are willing to buy more than they are willing to sell. Although I agree with the majority regarding the charts....strong support @ 16, if it breaks, look out below...there is something amiss here. There is a large seller out there who is either dumping stock or holding it down for other reasons; time will define the reasons. All in all, it's nice to see it hold this trading range given all the uncertainties.
I sold some covered and naked calls for Feb 17.5 and can only hope that this baby continues to trade in this range. I still hold the Feb 20's in case I'm wrong.
All the best.
Bye the way..........to the person that posted he'd wait to read the CEO's mind, until you figure it out, stay out!
Regards,
RW
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