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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: Mark Bracey who wrote (1019)8/25/1998 1:51:00 PM
From: Maher Sid-Ahmed  Read Replies (2) of 5102
 
Mark: Re: your post " Isn't this volume wonderful? A whole 28K shares! " This is not an indication of anything. It could be just a lack of sellers. I have seen the same thing with other companies before their price took off. For example Tiberland (TBL) traded in the low teens - no large volume - and then suddenly took off - all the way to over $70 ( I sold at $25). AAPL volume was less than 250,000 when it traded at $12 now volume is over 2 million when it is now trading over $40 (still have apple.) Be patient with this one. Although I criticized Del for name change, etc., he has an excellent track record - both at Tecktronics and Apple. There are a lack of volume sellers. If you place an order for a 1000 shares it will be filed in installments (e.g. 200, 300, 500) this should tell you that only retail traders are selling shares at this level - at least that was my experience.

Maher
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