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Technology Stocks : Storage Dimensions - STDM

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To: Jimbo Cobb who wrote (119)7/7/1997 9:57:00 PM
From: kvogel   of 311
 
Lots of selling last few days. MM's have some stock so they moved up bid and ask at end of day. Whenever there is a 1/2 point spread it's the MM's making their market to rip off either end. Can't tell whether short term bottom has been reached. Earnings due after close on July 21. I'm hoping for a takeover with all the consolidation going on. I think management would settle for $10.00 a share.
I think it's a good buy at 5 but with no news and the quiet period you have to be patient.

Karl
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