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Non-Tech : Multimedia Games Inc. (MGAM)
MGAM 0.122-0.8%11:48 AM EST

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To: Craig Stevenson who wrote (119)3/18/1997 1:15:00 PM
From: Michael Klein   of 197
 
I have a question. I know the stock price has moved up the past 2 or 3 weeks from 5-1/2 to just over 9. I have noticed substantial volume particularly the last week where the average has been well over 100,000 shares. With less than 5 million shares issued and less outstanding, who is selling. The volume kinda indicates 1 or 2 point profits. Is this possible. Anyone have some thoughts on how a low number of shares can produce such large volume? It would appear the complete book of shares has changed hands at least once since the beginning of the year. HELP ME UNDERSTAND!
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