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Technology Stocks : Microprose, MPRS

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To: John who wrote (381)3/16/1998 2:14:00 PM
From: Richard Makowiec   of 633
 
Hey John...this volume (last 6 days) exceeds the pre-merger with GTIS volume. Take a look at the chart in my post #377...you will clearly see it there.

We seem to be stuck at the $2 5/16- 2 7/16 range. To me they have chains and shackels on it...holding it back. The pre-earnings run-up blasted through this range on low vol. As far as I'm concerned someone is accumulating to a very large extent here, much more than the pre-earnings run-up volume.

I am not convinced of a buyout yet...havn't bought a thing today. One thing is for sure though, I wouldn't even consider selling any of my holdings until this recent spike becomes explained (or I can convince myself of a speculative understanding...like a fund or player coming new to the stock). At this point all I have are??? I will wait and watch...can't advise others what to do...good luck with your choices.

PS: It appears it will be at least an 800k volume day(probably higher)...hopefully up at least an 1/8.."Let the trend be your friend", at least that's what I'm doing:):):)

Rich
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