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Technology Stocks : Transact Technologies Inc (TACT)
TACT 3.920-3.0%Dec 26 9:30 AM EST

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To: N.Howard who wrote (15)10/15/1997 9:54:00 AM
From: Stephen D. French   of 37
 
N.Howard -The stock obviously isn't acting right for a pre-news release period. Every time it rallies it gets beaton back.

There are at least a couple reasons for this:

1- The earnings won't be up to expectations
2- Since the stock has gained attention, it is being played or controled in a trading range up and down. I don't want to be part of that game.

We will soon find out. I sold my shares for a small profit as it wasn't acting the way I'd hoped.

stephen
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