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Technology Stocks : ATPX: Lunn Industries and Technical Products Group merge.
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To: Sergio H who wrote (1466)3/28/1998 12:06:00 AM
From: marty009  Read Replies (1) of 1923
 
Sergio,

It is interesting that the prior day's activity of 10,300 shares were all trades on the bid. Since the stk held at 13 7/8, it would appear that either a mkt maker was temporarily short shs (and used these to replenish his inventory) or investors were smart enough to place orders at the bid. Otherwise, it would seem, this many shs purchased by a mkt maker would have been cause for the MM to offer them at 14 or 14 1/8 on Friday.

However, I agree that we should not place too much emphasis on each days trades.

Marty
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