American Mobile Satellite (skyc) Message Board

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Technology Stocks : American Mobile Satellite (skyc)

SKYC 7.010

-6.5%

Jan 28 9:30 AM EST

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To: 45bday who wrote (178)	4/3/1998 7:29:00 PM
From: 45bday	of 400

Spec: Guess selling at 14 1/4 worked out OK, but just can't understand how a stock can trade up the way it did and then fall back so quickly on a fraction of the volume. You referenced a buyer of 125,000 sh. at around 16. Who has that much confidence and cash at 16, and yet doesn't buy more at 11 a few days later. the mkt. sure is a baffling place. I'm off to ski, but will look forward to hearing from you when i return.

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