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Technology Stocks : ORFR-ORBIT/FR
ORFR 3.5000.0%Apr 10 5:00 PM EST

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To: Hayward F. Taylor, IV who wrote (207)12/8/1997 10:56:00 PM
From: Mike Winn   of 475
 
Certainly any brokerage house will also have the retail customers. The reason I said this stock seems to be manipulated is because what I saw this morning. Everytime there were people buying, the MM started to move the ask price up by a big margin. The only thing that will prevent the MM from continuing to do so and supporting the stock in the next few days is if too many people start to sell at the same time. The MM did the same thing when this stock was featured in the IBD last August and the stock shot from 16 to 31 in about a month.

Toward the last half hour of trading today, some optimism happened in the general Naz market and a lot of the stocks I followed moved up quite a bit. This ORFR stock did follow the trend of other strong tech stocks, a good bullish indication.
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