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Biotech / Medical : ACMI - Accumed Inc.
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To: Frank Buck who wrote (1537)3/14/1998 9:54:00 AM
From: Patrick Serafino  Read Replies (1) of 1894
 
I think the mystery here is why the volume with virtually no price movement. It almost looks like we have a floor at 3/4 and resistance at 13/16. It seems with such a narrow trading range that the buying and selling has no purpose other than to generate brokerage fees. Also I'm sorry about the previous comment about equity buyback I was referring to the exchange of notes for stock, which I think the company has since recanted.
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