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Technology Stocks : Clearnet, the Canadian wireless play (CLNTF)

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To: Grabs who wrote (83)1/12/1999 5:56:00 PM
From: brokker  Read Replies (1) of 214
 
Up until around 2 hours from the close of the market, the stock seemed as it it was dying. Then it surged and 11 minutes after the market close there was a cross of 100,000 shares at $15.90. I like the reaction of the stock at the end of the day. Especially with the way the market reacted today. In order to cross 100,000 at 15.90 they had to drive it up because that was the price that the seller was willing to let it go; and the buyer wanted it bad enough to buy it at $15.90... something is brewing. I have quite a bit of this stock and IFM for my clients.

On another note I spoke to the company a few days ago, things seem to be looking up and they know that they should be refining a few of their products to match or beat that of the competition.

On my screen as I was speaking to them there was news on the stock under PI, my guess is that it was the news about Merrill Lynch upgrading the stock, but I never really found out and they didn't see it either...CAN SOMEONE LET ME KNOW WHERE I CAN FIND THAT NEWS???

Thanks
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