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Technology Stocks : Seac - Seachange New IPO
SEAC 3.290-6.0%Nov 7 9:30 AM EST

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To: Braddock Bull who wrote (105)4/1/1998 10:47:00 AM
From: Braddock Bull   of 431
 
Minor News from Players Network

biz.yahoo.com

Looks like they're getting serious. The trading action in SEAC lately has been truly depressing. In hindsight, I should never have fought these Market Makers and entered mid $7s. They have just been sitting on the bid (our ask) for the last three weeks. Mabye they're short from the spike up over $8 a while back. Whatever the case, this one stinks of manipulation, and the low volume just exasperates it.

So we're back down at what should be support. It will be interesting to see what happens here. My guess it that the downward bias will abate, but we might not see a real bounce until later this month with earnings. But reverse we will, I have no doubt. Any news from Vegas guys?

Brad
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