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Non-Tech : ATRO Astronics--Specialty keyboards, packaging.
ATRO 49.18+0.2%Oct 31 9:30 AM EDT

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To: Ron B who wrote (54)6/30/1998 10:52:00 AM
From: Christopher Brainard  Read Replies (1) of 92
 
Hi Ron, This morning has been real crazy for ATRO. I should have guessed this might happen as I added to my position yesterday. The market is currently under the control of the buyers. If they pull back from their buying, the MMs will drop the bid like a rock, such as what happened this morning. To be honest, I was very surprised by todays action. Thought the buying was stronger than it seems to be. The drop to $12.50 was on a 4000 share block. Thought the same folks buying like crazy yesterday at above $14 would have been happy to get some shares today in the mid $13's. Go figure! I am not too worried, though, the company has very strong fundamentals and still is very attractively priced compared to expected 1999 earnings! Thus far the selling has been very light. If the price was to fall to the $12.50 area again I think I just might buy a few more shares.

Good luck.

Chris .....
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