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Technology Stocks : FLSH - M-FLASH SYSTEMS DISK PIONEERS

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To: Jerome Wittamer who wrote (402)3/31/1998 6:54:00 PM
From: Bennett Zimmerman   of 923
 
I agree with you about the normal M-System trading pattern. . .

However, what might be different this time is the volume of yesterday and today. Many new positions were created at these higher levels. This creates a support level below which many players are unlikely to sell.

The reduction of shares outstanding (by completing the Taiwan restructuring) and a decent 1Q are very important in establishing this new level of support.

Let's see.

BZ
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