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Technology Stocks : 3DFX

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To: Ralph Bergmann who wrote (4186)6/18/1998 10:18:00 AM
From: Intel Trader  Read Replies (4) of 16960
 
Just to let you know, MONT appears as someone said to be a huge seller of 3DFX.

Whenever they begin to approach a bid (as the prices drop), they pull out and go lower. At the same time, they are usually at or near the ask. This implies that they have a huge inventory of shares on hand that they are trying to unload either for themselves or an institution/s.

For those of you not fam with NASD stocks, things change in nanoseconds in that market.

I definitely won't buy or average up on tdfx until MONT starts to show at the bid.

it.
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