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Technology Stocks : International Datacasting - Takeover Target?

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To: StockTrakker who wrote (112)4/27/1998 10:55:00 PM
From: M. Merriam  Read Replies (1) of 209
 
Great volume today--one of the highest in recent years. Check out this chart:

tscn.com

It looks like someone wanted the stock to close higher. The largest block of the day, 17,000 shares, was bought (10 min from the bell) by Versus at .38/sh. Altogether, including trades made immediately prior, Versus acquired 30,000 shares.

Levesque (are they the market maker?) then picked up 17,000 shares at 0.35 from three different brokers, and closed the day, buying an additional 7500 shares at 0.30.

Goldman sold another 10,000 shares today at 0.35.

Not a bad trading day.

Mike
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