I'm not sure what to make of it but I did find this:
June 2, 2000
Dow Jones Newswires
Davox Dn 30% In 2 Days; Analyst: 2 Institutions Selling
Dow Jones Newswires
NEW YORK -- Shares of Davox Corp. (DAVX) fell 30% in the last two days.
First Albany Corp. analyst Herbert Tinger said two institutional investors are selling their shares, but declined to identify them.
A company official didn't immediately return phone calls seeking comment.
Shares of Davox closed Friday at 14 11/16, down 2 13/16, or 16.1%, on Nasdaq volume of 1.2 million shares. Average daily volume is 160,963 shares. The stock had traded as high as 20 1/2, up 17%.
On Thursday, Davox closed at 17 1/2, down 3 3/8, or 16.2%.
Westford, Mass.-based Davox makes call center management systems.
-Consella Lee; Dow Jones Newswires; 201-938-5400 |