CGRM Centigram Message Board

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Technology Stocks : CGRM Centigram

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To: David R who wrote (125)	6/23/1997 2:14:00 PM
From: Red Dragon	of 333

I have heard from the grapevine that the shortlist for new CEO includes some very well qualified people. I think it is encouraging that others see potential in Centigram and are willing to join. Re: CGRM not being able to buy large blocks of stock. I've always wondered if it wouldn't be better to just buy a bunch of smaller lots. In other words, instead of a 100,000 share block, how about just placing 1000 orders to buy 100 shares? These repeated buy orders would drive the price up, it seems. Of course, if the goal is to retire shares, rather than drive the price up, then getting it all over with in large blocks probably makes more sense. I don't know for sure, but I've always been under the impression that if someone wants to make a small stock move, they bombard the market makers with a bunch of orders in rapid fashion, rather than block trades. Anyone have any insights?

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