IBIS Message Board - Msg: 5940455

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Technology Stocks : IBIS

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To: HerbVic who wrote (195)	10/7/1998 12:19:00 PM
From: HerbVic	Read Replies (2) of 301

Tuesday, another 25,000 share block trade passed at 9 1/4. Oddly, the previous bid was at 9 11/16. It may indicate that the two 25,000 share blocks were both contracted at the same time on Monday. Today the bid/ask volume is up considerably. Could have something to do with the two news releases this morning. Ibis Technology Corporation Demonstrates New Low-Cost Advantox 50 Ultra-Thin SIMOX-SOI Material for Low Power Portable Device Applications quicken.excite.com Ibis Technology Corporation Awarded $762,000 in New Development Contracts quicken.excite.com While the news is positive for IBIS, the broader market [fear] sentiment is dampening the potential appreciation in the stock. Initially, the stock bid up to 10 7/8. The sellers overwhelmed the bidding, and the stock quickly fell back to below 10. HerbVic

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