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Technology Stocks : TECD - Tech Data

TECD 144.90

0.0%

Jun 30 5:00 PM EST

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To: KZAP who wrote (408)	2/3/1999 8:09:00 PM
From: Dave Twibell	Read Replies (1) of 584

Lots of strong accumulation today by some heavy hitters such as Morgan Stanley and Goldman. Also, someone was filling a large institutional order through INCA most of the afternoon. In contrast, it appeared that much of the selling was done by traders selling through ECNs. I don't pretend to know much about this company, but at least one or more institutions think it's a pretty good deal at these levels. Based on today's action, it would not surprise me if the stock gapped at the open and continued its recovery at least for the next couple of days. Dave

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