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Technology Stocks : IBIS
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To: HerbVic who wrote (194)10/5/1998 12:29:00 PM
From: HerbVic  Read Replies (1) of 301
 
Here's some IBM news that will have some influence on IBIS.

dailynews.yahoo.com

Strange action on IBIS today. Tracking on Quote.com's LiveQuotes showed the bid volume at roughly 3 times that of the ask, yet as the bid dropped, panic sellers kept up the decline for more than a point. Then at 11:57 a 25,000 share trade at 9 1/4 split the spread of 9 1/8 by 9 1/2. The frenzy halted. A half minute later 1,000 shares went at 9 3/8. At 12:04 another 1,000 passed at 9 5/8.

This could be the bottom for IBIS.
HerbVic
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