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Technology Stocks : Storage Dimensions - STDM

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To: TLindt who wrote (200)9/4/1997 3:18:00 PM
From: kvogel   of 311
 
STDM doesn't trade very heavy volume usually so the big upside volume last week resulted in MM's shorting the stock. They are covering and getting more stock for the next up move. The fundamentals all look good but there is not much news to provide a spark. STDM didn't even open for the first hour today so there's not much interest. It did bounce back nicely yesterday from the 6 7/8 level. We just have to be patient but I don't expect any bad news so I'm comfortable. I don't think STDM is tied to the disk stocks but it's just correcting from the recent up move.
Good luck and just my opinion.

Karl
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