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Technology Stocks : Pacific Softworks, Inc. (PASW)
PASW 0.742-1.1%1:43 PM EDT

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To: smueller who wrote (69)7/24/2000 4:35:53 PM
From: Return to Sender   of 71
 
Any stock with a small float is going to occasionally see some large unexplained buying. This may be in advance of news or it may be simply because a publicly traded company needs a reasonable stock price valuation in order to conduct business and attract new talent like they recently did in one of the arms of their business.

I guess I have to admit I have no real clue where all the buying came from but I did take advantage of it to take a couple thousand dollars profit today. I'm reasonably sure the stock will see much higher gains in the future but there are lots of highly profitable companies in the high tech area that are not getting much respect right now.

Good luck! RTS
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