3DO: Hot Games for Hot Machines (THDO) Message Board

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

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To: David Patrick O'Connor who wrote (4039)	11/14/2001 9:41:12 AM
From: (Bob) Zumbrunnen	of 4081

Still stubbornly holding my latest shares. No idea what kind of price it can get down to near-term, but the highest it can go is $1.55 for a while. RSSF still has a seemingly infinite supply for sale there. Until they're out of their position, it won't go up. On the less-dreary side, $1.55 also seems to be the least they'll take. They stayed on the sidelines when it was trading below $1.50 and just left their offer alone. Of course, they could always decide to raise their price (reduce their loss) if the buy side was so strong they decided to get out of its way for a bit, but there've been plenty of opportunities to do that (including this morning -- the vast majority of the 143k shares traded in the first 10 minutes have been at the offer) and they've shown no willingness to do so. So my bet is $1.55 will be the price for quite a while. Just hoping all the buying interest isn't exhausted by the time RSSF is out.

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