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Technology Stocks : CICI - Communication Intelligence, handwriting recognition
CICI 0.006200.0%Mar 3 4:00 PM EST

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To: Wafa SHIHABI who wrote (769)9/14/1999 11:44:00 AM
From: Lawrence Burg  Read Replies (1) of 1025
 
Nice volume again today. From the trade logs, and their exhibited bias on the bid, I'm betting there has been some kind of equity placement which is responsible for a bit of the volume. What doesn't jibe quite right, is the rise in price.

There is also quite a bit more action on the buy side today. 3Coms announcement has probably focused some eyes on the entire sector, too.

So, why would they need more cash, besides satisfying their burn rate?

And if the price has been held down to float more shares on the cheap, are we beginning to see the end of the new equity, with the rising price?
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