BroadBand Technology(BBTK) Message Board

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Technology Stocks : BroadBand Technology(BBTK)

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To: robert packman who wrote (1595)	3/21/1998 7:39:00 AM
From: Mike Harvey	Read Replies (1) of 1797

Agreed. Fri's action was bullish, notwithstanding a slight back-off to 7 7/8 at the close. There were substantially more trades at 8 Fri than there in the 2 other days that it touched 8 over the last couple of weeks - to me, a sign that buying interest is accelerating. We'll see. My worst fear is that the budding momentum gets clobbered by an overall market pullback. What do you make of the chart recently? Pops on big volume, then trailing off. Maybe the latter is due to investors who had bought in at much higher prices seeing (and taking) an opportunity to get out at a smaller loss than they would have had say 3-4 months ago? If so, this is good - though unfortunately this class of investor probably represents about 99% of the total investor base, ha ha.

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