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Technology Stocks : IBIS
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To: Maurice S. Green who wrote (183)9/28/1998 2:02:00 PM
From: HerbVic  Read Replies (1) of 301
 
Maurice,

I noticed using Quote.com's Live!Charts that there is some large block buying going through on IBIS. 15,000 shares at $12 in three blocks around 1:30 est. 5,300 shares at the same 5 minutes later. All at the ask. I also noticed that nearly every time just prior to these large block trades the MM tempts selling by dropping the bid and selling a small block. At least it appears that way.

There was some news from DataQuest today concerning projected increased demand for chips in 1999. That may be driving some of the buying. I wonder if it will last long enough to get us back up to 13?

HerbVic
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