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Technology Stocks : Winstar Comm. (WCII)
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To: TheSlowLane who wrote (9707)12/18/1998 11:01:00 AM
From: Steven Bowen  Read Replies (1) of 12468
 
I don't understand;

For most of the morning, it's been INCA, ISLD, MASH, and NITE on the bid, ie buying. These represent the on-line investors and traders.

It's been Smith Barney, Montgomery, Merrill Lynch, Paine Webber, AG Edwards, H&G, Lehman, and Goldman on the offer all morning, ie selling.

If these guys are going to come out with reports, why are they selling? Have to drive the price down so when they come out with reports and it goes back up, it makes them look better?
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