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Technology Stocks : Cyberian Outpost (Symbol: COOL)
COOL 0.103+10.6%Sep 5 5:00 PM EST

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To: Nelson Chang who wrote (528)12/19/1998 11:19:00 AM
From: Stephen   of 1932
 
Nelson/CGarcia, re institutional buying. From the action I saw in the p.m.there was no sign of instituional buying during the afternoon These usually are blocks of 10,000 minimum. The biggest I saw going through was 5000. The biggest sell was 1700, & I saw a lot of biggish 'bets' being placed just under 31 on the rebound at end of day.

Personally I wouldn't worry about institutional buying for the short term as its the retail buyer and short covering that will move the stock. People seem to go from stock to stock with news ... AMZN, NSOL,CMGI and now UBID. Question is ... which will be next and what will be the catalyst ???. Well ... COOL has some news coming !! :)

Good luck all

Stephen
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