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Microcap & Penny Stocks : NORRIS COMM - Flash Disk OS

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To: Starlight who wrote (226)10/28/1996 5:06:00 PM
From: Starlight   of 523
 
I don't know if this would account for the NCII sell-off, but I just read in "Abreast of the Market" in today's WSJ that mutual funds have till Oct. 31 to determine how much in capital gains they are going to have to pay out to shareholders. Since the market has done well this year, they probably have a lot of gains, so in order not to have to pay out so much, they are selling stocks with losses to offset some of the gains. It's possible that this could account for some of the NCII selling recently.

Good gain in the stock today. With today's press release, I hope we get more upside action this week.

Betty
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