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Technology Stocks : Software Publishing(SPCOD)

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To: IN_GOD_I_TRUST who wrote (202)	6/24/1997 10:54:00 PM
From: James F. Hopkins	of 353

Steve; I sure last summer early fall they had a lot of cash, but was not tracking them at merger time. Any way volume has been creeping up in last few days, today had 48,000 I think that is more than average, and she didn't tick down..so that's accumulation..volume often rises a before the stock, or any way if I see volume and a stock don't fall I take it as a good sign, or is it the market makers selling off inventory ? BTW I got some CLTK today; only 200 shares at 12-3/4. SPCO closed at 2-1/16 but MM didn't honor my 2-1/8th bid..they still want 2-3/16th..I may bid it up tommorow but I hate that as it puts you 1/8 in the hole to start with; 6%, why do they need to make more than a 1/16 on a low priced stock such as this. Jim

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