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Technology Stocks : NUKO INFORMATION SYSTEMS

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To: S.M.Anderson who wrote (1993)6/4/1997 1:51:00 PM
From: Damon Pham   of 3509
 
Keep in mind that portfolio managers who have Nuko in their holdings will shed the stock before the quarter ends (if they haven't already done so). This is because they don't want to be seen as holding the stock at quarter's end since it will make their portfolio look weak. This is a common practice for institutions at the end of every quarter. The worse their fund is doing, the more cleaning up they will do to put the best foot forward to the owners of the fund. If they think the stock will rebound, they will usually buy the stock back again, once the quarter is over and wait for earnings.
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