Sterling Commerce (SE) Message Board

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Technology Stocks : Sterling Commerce (SE)

SE 155.13

+3.4%

Nov 10 3:59 PM EST

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To: kech who wrote (188)	2/26/1999 1:32:00 PM
From: Ramsey Su	Read Replies (1) of 341

Tom, I thought you were going to join us earlier this week? Looks like there is finally some volume on the buy side, with support at 24.5 thereabouts. SE has 94M shares out and only 12% non-institution and insider ownership. The 11 million share float is probably what caused the big price moves when someone is trying to unload. What I am most disappointed so far is SE not coming in and announce buy backs. If they are confident of the business, why not use the opportunity to pick up some cheap shares? Ramsey

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