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Technology Stocks : 3DO: Hot Games for Hot Machines (THDO)

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To: David Patrick O'Connor who wrote (3992)9/7/2001 11:04:50 AM
From: (Bob) Zumbrunnen  Read Replies (1) of 4081
 
Fun could be commencing very shortly. A REDI buyer keeps showing up wanting 3600 shares at $4.86 even when a previous batch gets sold to him. SCHB had a bunch for sale at $4.90, but don't see those anymore. They're not around again until $4.99 with 100 shares.

Currently +0.15 at 4.87 x 4.95, but volume is still pathetic. The last two times it started printing 5's, though, the volume picked up dramatically. Would expect that to happen again *if* it can print 5's today, which I still think it can.

While I was typing, SCHB showed up with 1000 on the offer at 4.92 and the best bid is on INCA for 1000 at 4.84. Really looks like it could go either way. There aren't a lot of orders out there to either buy or sell.

Edit: Moneyflow still stinks just as badly as volume. -$70k. Of 31,300 shares traded, only 4,700 have been at the Ask. Moneyflow was more like -$250k most of yesterday, though. So it's nowhere near as bad right now.
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