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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!!

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To: otter who wrote (5719)3/12/1999 2:57:00 PM
From: DanZ  Read Replies (1) of 6565
 
Otter,

There isn't a lot of activity on Level II today. Both the bids and offers are small and it is also showing up in the light total volume of only 680k so far. My guess is that this is just some minor position squaring ahead of the weekend. No one market maker stands out today like earlier in the week when LEHM presented a small bid size and bought 100's of thousands of shares. Based on my read, most of today's trades are retail orders as opposed to institutions.
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