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Technology Stocks : 3DFX

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To: Jim Brannon who wrote (12631)5/17/1999 2:50:00 PM
From: Piranha  Read Replies (2) of 16960
 
Jim,

We don't comment on price jumps during market hours anymore. We're a superstitious bunch of SOBs :)

Actually, I noticed the volume just about doubled in a few minutes. ~300K -> ~600K shares. A single trade accounted for 122K shares @ 18 1/4!! Looks like someone just decided to buy a BUNCH of shares.

UPDATE: (I just keep editing this message.) I just watched the volume jump ANOTHER 100K. I spotted a 42K share trade in there at 18 1/16. Starting to make me wonder if Friday's "disproportionate drop" might have been somebody's head fake to accumulate at lower prices today....

Piranha
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