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Technology Stocks : Storage Dimensions - STDM
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To: TLindt who wrote (141)8/10/1997 11:27:00 AM
From: kvogel   of 311
 
The value of 118,000 shares per day is very inflated by the single 1.6 million sh day when the stock tanked. The average daily volume for the last 30 days was 40,000 sh/day. This is more normal for STDM and why I believe this recent volume is very significant. Of course, volume on the NSDAQ is inflated by a factor of 2-2.5 compared to NYSE. People who wanted out are getting out and people who bought on SB recommendation will be holding for a while with their price target at 11. If Salomon comes out with something positive as is likely based on herd instincts, this stock could fly. TA looks exceptionally good with the long base that was built.

Karl
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