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Strategies & Market Trends : Action & Options- Taxikid plays

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To: taxikid who wrote (2264)10/7/1997 4:32:00 PM
From: Stephen D. French   of 4339
 
I was watching NORT earlyer. They are a drilling co. based in TX that announced higher than expected (based on stock reaction) pre-earnings.

Nice percentage gainer today as the stock went from 2.5 to a close of 4.0 on 3.5~ million shares. Closed near the high of 4 1/16 and carries a nice spread of 0.03125 with bid of 3 31/32 - ask 4.0

Another stock to keep an eye on is phtn,, flat panal display testing co. that will turn up on good volume either tomorrow or thursday IMO. Priced at 6.625 ask.

stephen
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