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Technology Stocks : INSS - International Network Services

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To: joemjo who wrote (296)12/31/1997 12:53:00 AM
From: ----------  Read Replies (2) of 446
 
I should have used a <g> after my analyst comment, Todd.

I know what you mean about high p/e stocks being hammered unmercifully. So far, IMO, INSS' growth rate has warranted
a high p/e.

This stock intrigues me. High volume today, 4 large block trades.
I'm no technical analyst, (most doubt I'm any kind <g>), but the stock seems to rise if it does 150K shares + for 3 or 4 days. I guess this could be due to the thin float? Maybe the big blocks today wasn't Magellan, but I can tell you it sure isn't me who buys in that size!
Perhaps some of the tech funds are picking up some shares?

Best Regards,

Doug
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