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Technology Stocks : Splash Technology SPLH up$3

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To: Hao Xu who wrote (252)4/1/1998 4:51:00 PM
From: christopher d licata  Read Replies (2) of 267
 
quite the contrary.radius has been dumping its shares that are still owned from the spinout 18 months ago. they are selling at any price and the market makers are moving out of the way and battering the sellers, only to see the stock snap back once the dumping is done. this stock was 22 bucks a week ago, and in a blizzard of volume has traded down at 15 1/2. i spoke to high level splash people who are a little disgruntled by the whole situation but who know its temporary. piper just went to a buy last month which i dont think was done in the face of a bad quarter. i think the numbers will be somewhat better thatn expected, and the stock will revisit its rally to the 22-25 level. it sure is volatile though, a traders delight.
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