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Technology Stocks : Advent - Portfolio Management Software

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To: moat who wrote (10)2/1/1999 10:47:00 AM
From: Turs   of 27
 
Think it had something to do with end of month and mutual funds. Usually, at end of quarter, funds sell losers and buy the quarter's winners to make the roster of stocks look good for the shareholder's quarterly report (even if the performance stinks). Don't know why ANY month would have this much volatility, but it's still my guess.

Stock being up $7 today sort of confirms that theory.

Turs
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