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Technology Stocks : PARA Paramount Financial - Value Internet Play
FIVE 156.30-1.3%Nov 4 3:59 PM EST

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To: J.S. who wrote ()2/3/1999 10:06:00 PM
From: J.S.  Read Replies (1) of 51
 
There was widespread feeling today that the market makers were
unable to "walk down" the quotes because of consistent buyers and
lack of sellers. People looked interested in more than a quick pop.
I followed the trades towards the end of the day and noticed that
very few people sold at the close even when the bid was brought
down for no apparent reason.

I think that because there is so much intrinsic value rather than
air supporting this stock holders were unshaken and confident holding their gains.

Does anyone think the market makers will have to bid this up
significantly tomorrow to get some sellers?
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