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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: southbound who wrote (23529)10/1/1999 9:06:00 AM
From: SLSUSMA  Read Replies (1) of 27722
 
This has to be a first. Not a single buy order on Island (per Datek). 73 sell orders lined up starting at 10 5/8, varying in size from 44 to 2,000 shares. Doesn't exactly inspired confidence, does it?

Anyone as to how this affects the stock? Lots of limit sell orders but not a single buy order. Would this cause a free fall of the stock? One theory...the previous buy orders were from MMs and momentum guys...the sell orders are limit orders set by little fries to are just itching to dump this POS stock.

USMA95
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