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Technology Stocks : Barringer technology (barr)

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To: Robert G Allen who wrote (475)2/18/1998 11:40:00 AM
From: Sparky Beardslee  Read Replies (1) of 652
 
Robert: I told you yesterday I thought the mm's would take BARR higher today one day prior to earnings. They raised the bid/ask prior to the open and they themselves took the first trade at 1/2 with 200 shs. However, they started shorting from the first trade and have now taken the stock down to 13. The short position MUST discourage buying today in order to preserve any short covering in the event the numbers are good tomorrow. I still think the stock will finish strong today and close up from the low of the day. I hope!

Sparky...bought SEG today...I am in a position ot swap BARR for SEG if needed. I will know by tomorrow.
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