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Technology Stocks : Microprose, MPRS

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To: Richard Makowiec who wrote (354)3/12/1998 6:23:00 PM
From: John  Read Replies (1) of 633
 
<<One thing seems apparent, somebody seems to be absorbing some shares
and not wanting to give alot of attention to it.>>

I agree, it was very strange that the price never broke above 2 a share given the number of shares trading at the ask price vs the bid price. A few days ago MPRS was brought down fast on very low volume, the move did not seem justified. Now, we have very high volume with mostly buys, and the stock price is being held back. Something very interesting is developing here, and I suspect it will turn out to be good news. I am very curious to see if MPRS breaks 2 tomorrow. My guess is MPRS will steadily climb 1/16 - 1/8 point a day for several more days, no quick moves to the upside, nothing that will set of any bells or whistles. JMHO.

John
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