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Technology Stocks : Microlog(MLOG): Ready to Move?!

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To: Zeev Hed who wrote (301)11/13/1997 8:05:00 PM
From: ChrisJP  Read Replies (1) of 595
 
Well Zeev, In this market, who knows what's going on (besides selling with no buying !) ? 10,000 shares sold in a few minutes in 1k block and sent the price down to its current level. To much to be from individuals, not enough to be an institution. I think it was a partial sales of a position as a hedge against the current market conditions.

Still not enough volume to tell if someone knows something, but as I predicted, decisive down volume will bring the stock back down to 6 before we'll have a chance to react.

Off topic: CAFE -- Low volume for 2 days in a row. Almost none at the bid. The AOL BB called IR who claims news along with earnings are coming out tomorrow. Don't know whether to believe the IR person or not, but CAFE does need to report earnings soon.

Thought I'd give you a chance to get in.

Other than that, I think we'd all better get used to everyone selling into rallies for the next 6 months.

Regards,
Chris
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