PRMO - Premenos Message Board

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Technology Stocks : PRMO - Premenos

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To: Mark Catalano who wrote (87)	2/25/1997 9:45:00 PM
From: meng chua	of 240

Mark, actually I am really sick of this PRMO movement! According to my broker, the block trades that took place on last week were bought by some of the institutionals/fund managers. The reason that those trades changed hand below the market price because those institutionals/fund managers called those Nasdaq's brokers to accumulate the shares at a certain price within a certain period, then, sell it to them at one time! May be somebody should give the PRMO's investor relationship dept a call?! Too few investors are buying this one so I think this is one of the reason that cause the price drop! No News = Bad News!!!!! However, I am still long on PRMO! Hopefully my patience will be paid off!

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