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Technology Stocks : SYQUEST

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To: Bipin Prasad who wrote (3986)9/30/1997 9:57:00 PM
From: RagTimeBand   of 7685
 
BPP

>>I see block trades like 50,000 shares @3 1/32, 100,000 shares. It's end of Qr for funds. But I'm wondering who/why they are buying those blocks.<<

Earlier I heard that most hard drive manufactures stock was down. You combine that with SYQT finishing higher and the answer is obvious. A flight to safety!! ;-)

Regards - Emory

P.S. FWIW the double counting saga continues. My friend showed his Everen broker the email from NASDAQ. The broker went to Everen's trading department and was told that "NASDAQ doesn't know how it's done". They went on to say that 'the volume isn't really important and that it's the trend in volume one should watch'.

The left hand doesn't know what the right hand is doing. And who cares as long as the suckers (I mean investors) keep buying and selling.
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