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Technology Stocks : Storage Dimensions - STDM

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To: The Vet who wrote (144)8/7/1997 9:45:00 PM
From: kvogel   of 311
 
When you have to battle the MM's to buy stock it usually means the stock is going to go higher. I usually bid an 1/8 higher than their bid when I want to buy. If they trade a bunch less than my bid and they still don't fill me, they are going to take the stock higher. They see the demand and I think they get pre-releases of information before we do. The market did tighten up to 1/8 of a point in late afternoon as volume picked up. Tommorrow should be very interesting since it's recent interim high was 6 1/2. It should challenge that if momentum keeps up at all. I believe they'll beat this quarter's estimate of $.08/share so we could get a real bounce before long.

Good luck!
Karl
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