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Technology Stocks : RGFX Raster Graphics

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To: Buzz Mills who wrote (356)10/22/1997 4:29:00 PM
From: Buzz Mills  Read Replies (3) of 593
 
RGFX closed @ 6 1/8, -1/8, Bid 6 x Ask 6 1/8....Vol..337.9K

RGFX traded in positive territory almost the entire day, as high as 6 1/2, then in the last 30 mimutes it traded down very quickly. Until the last 30 minutes it seemed as almost all of the trades were at the Ask--the MM must have had a large amount of stock, on hand to sell, to be able to drop the price, with what appeared to be buying pressure.
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