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Technology Stocks : May and Speh (SPEH) Information Mgt Services

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To: jeff c. who wrote (6)2/16/1997 5:12:00 PM
From: Rich Benjamin   of 24
 
Jeff, I was thinking about why SPEH might have had those 200,000 purchases the other day. These are just a couple of ideas:

1) Investment institution knows rating will be raised soon and wants to acquire before rating improves. Maybe they know of some large deals that will close.

2) Large customer of May & Speh is deciding to use their services and knows that it will affect their stock price. They would be in fact creating a relationship in which they invest in their vendor. Typical customers are the type that have large amounts of capital to invest.

These are only my thoughts. (Not based on any facts)

According to Baseline, there are no institutional investors recorded as of last week. What does this mean?
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