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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: mark doubiago who wrote (7809)2/12/1997 1:04:00 PM
From: Dave O.   of 9477
 
Mark,

No idea why virtually no volume before noon. It seemed as if some buying came in at 16 3/4 and 16 7/8. Next thing I see is bid falls back to 16 1/2, from 16 3/4. Then along comes a 64,800 trade at 16 5/8. There certainly wasn't any selling to drop bid, so perhaps an institution getting shares cheaper. I have a call into Sandy, she was in NY at the Goldman Sachs presentations and is supposed to be back in office later today.

Dave
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