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Technology Stocks : Open Market (OMKT)
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To: Paul B. who wrote (717)11/28/1998 6:58:00 PM
From: P. Ramamoorthy  Read Replies (1) of 2004
 
In two days, a float of 11 Million shares turned over twice, with new buyers getting in at around 15-20. MM's had to drop the bid to shake out all those "stop loss" orders and accumulate stock inventory for Monday. Compared to the 36 point gain for ONSL and BAMM, the 8 point gain for OMKT on a single day is not so huge. OMKT provides the e commerce infrastructure whereas ONSL and BAMM use e commerce to sell their goods. That is an important difference to note. Ram
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