Simulation Sciences (SMCI) Message Board

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Technology Stocks : Simulation Sciences (SMCI)

SMCI 42.78

-9.9%

2:19 PM EST

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To: Pat Buglak who wrote (17)	5/22/1997 2:39:00 PM
From: Paul Thomas	of 183

Lately, the price has been creeping up even on low volume. There might be some more selling coming up soon, as SimSci's 401K plan is transferred to a phone system where everybody has instant control over their SimSci stock and mutual funds. This will only be the second chance that employee's have had to diversify their 401K (the first time was April 24th when the price was $9-1/2). The phone system was supposed to be operational last week, but still isn't working. I think that employees might sell a total of a few hundred thousand shares to diversify (about 10% of the total owned by employees), temporarily driving the price down slightly. Paul

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