S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

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May 12 5:00 PM EST

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To: stockroach who wrote (8597)	1/1/1998 5:38:00 PM
From: Dave O.	Read Replies (1) of 14577

Greg, Friday was an interesting day. After bottoming at 4 3/4 it was obvious someone was buying but it wasn't MM's showing their hand. Most of the buying was through INCA. INCA would bid 2000 shares, I'd watch trades go off and then INCA would disappear. Bid would fall back 1/16 or so. Then a couple minutes later INCA would return and go above the best bid again and buy more. Often the buying was more shares than the bid size showed. No way of knowing if it was MM's buying for institutions. But INCA was the high bid most of the day. ROSS has been a buyer all the way down from 6 or higher. MLCO was buying Tuesday and Wed. Didn't print out time and sales at end of day but recall one 100K trade and one 50K trade. The bounce from 4 3/4 all the way to 5 5/16 was a positive as well as the 2.4 million shares traded. Tried to buy at 5 but MM I sent my order to declined and raised his ask price. I found it interesting that TRID moved up above 9 again with no news that I saw. Seemed strange in light of their pre-announcement. Dave

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