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Technology Stocks : NCDI - Network Computing Devices

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To: jimmy c who wrote (3884)9/20/1998 11:31:00 PM
From: Lincoln Landis  Read Replies (1) of 4453
 
RE 3rd Quarter $$. It was suggested on the Yahoo board that the mystery buyer in the early AM was NCDI itself. MyrtleBeach2 suggested that this could mean (IF NCDI is the buyer) that the 3rd quarter $$ are going to be good enough to send the price of the stock higher.

I assume that stock purchases would cut into profits, right? So, I guess I sort of agree with Myrtle Beach. However, I'm not sure the early AM buyer of thousands of shares is NCDI...I figure the mystery buyer has been responsible for 160,000 shares worth of volume in the last two weeks...
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