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Biotech / Medical : MEDQ - Medquist

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To: stephenmazda who wrote (28)2/1/2000 12:26:00 PM
From: Mark Peterson CPA  Read Replies (1) of 42
 
Well, I'm glad to see someone besides me is taking a look at this stock. I can't believe that they're trading at a 50-60% haircut to their industry - especially after the news report yesterday.

FBCO (Credit Suisse First Boston Corp) appears to be working the stock from both sides, probably clearing out a seller and filling orders for a buyer. They were the most active market maker on this stock in December, 1999 handling approximately 16% of the trading volume that occurred. Goldman Sachs was second with approximately 10% of the trading volume.

For a company that has less than 37M shares outstanding, sure seems like there's a whole new group of shareholders that took positions based on the stock's activity the last few weeks....

Mark
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