Volume and price trends 10 days before OEM deals:
Prisa (12/15/98): 325,200 -> 359,800; $3.00 -> 3.25
ForeFront (1/7/99): 293,300 -> 437,800; $4.00 -> $4.75
InRange (1/27/99): 665,000 -> 338,300; $5.93 -> $8.00
JNI (2/5/99): 777,300 -> 294,400; $7.225 -> $7.75
nStor (3/17/99): 359,500 -> 157,900; $5.563 -> $5.75
CONSAN (4/6/99): 102,600 -> 126,900; $5.188 -> $5.563
MicroNet (4/11/99): 126,900 -> 188,100; $5.563 -> 4.813
HDS (4/26/99): 228,100 -> 361,700; $4.938 -> 6.625
Sun Microsystems (6/3/99): 110,940 -> 475,300; $8.938 -> $10.25
Obviously very good trends for Ancor share value and an impressive string of OEMs. The above numbers do not reflect the number of days trading over 1M shares as a predictor of significant deals. In the 10 days prior to the Sun deal the stock traded > 1M shares on 5/10 days with a max of 3M shares on a single day. The only other time that happened was during the 10 day period prior to the Inrange deal when it traded > 1M shares on 3/10 days with a max of 1.7M shares on a single day. The month following the Inrange deal (Feb) also had the highest average daily volume. The average share volume ranges from 195,406 in April to the max in February at 668,685.
All facts verifiable on nasdaq.com.
George D. |
