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Technology Stocks : Simulation Sciences (SMCI)
SMCI 51.96+3.2%Oct 31 9:30 AM EST

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To: Rational who wrote (142)2/16/1998 5:23:00 PM
From: kvogel  Read Replies (1) of 183
 
Sankar,
I use DATEK also. I have seen this type of behavior before. Rest assured that no trading is going on. Sometimes they have older trading data on. Also keep your comments coming. If GMW wants press releases rather than honest opinions tell him to call the company. The company has a public relations problem right now since they sold stock in the secondary at much higher prices. The analysts and underwriters helped them to sell this stock and now they have egg on their faces also. They are not going to be kind to the company for awhile. They demand predictability and this is where SMCI screwed up. BUT they may have been buying some of the stock dumped by institutions on Feb 6. Alex Brown is the biggest trader of SMCI stock and they participated in the secondary. You can be sure they are not happy but they probably know the stock is undervalued.

Karl
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