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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: ed doell who wrote (1527)4/8/1999 1:02:00 PM
From: Mike Fredericks  Read Replies (5) of 13157
 
Roughly 750K shares traded the last 90 minutes, most in a tight band right around 18. If there were daytraders left, would they have dumped already (no movement). Are things relatively stable at 18? Is trading what is usually an entire day's worth of volume here at one price in place of a retracement? One would think that there would be some drop when the profit takers sold, but I think we saw that in the 5 point drop from 21+ down to 16 1/4 earlier today... or am I just stabbing in the dark?

Looking for opinions...

-Mike
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