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Technology Stocks : Microprose, MPRS

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To: james d. hargrave who wrote (243)2/10/1998 11:08:00 AM
From: John  Read Replies (2) of 633
 
<<Did seem like an unusual amount of volume to just lay there
like that>>

I noticed this also. Volume last fall (sept/early oct) was enemic - we we lucky to trade 20 - 50 thousand shares a day. I think someone may be quietly accumulating this stock as people sell off on the earnings news. Volume continues to be brisk today - already 102 thousand at 10:42 AM. I am impressed with the way the stock price has held up with the earnings announcement - the worst is over, and I have a feeling that this next quarter will not be as bad as expected due to strong sales of "Magic".

JV.
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