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Technology Stocks : TSRI - will it surge again?

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To: Alec Epting who wrote (11)3/12/1997 9:40:00 PM
From: Rubble   of 102
 
Volume has been very heavy lately. Why do you say that volume has been light? Today TSRI traded more shares than ZITL, and the 300,000 shares that were traded represents more than 10% of the shares outstanding.
I'm a little skeptical about how real this price increses is. I suspect market makers are taking advantage of people to make a small killing. The spreads between the bids and asks have at times exceeded a full point. While I think TSRI has better fundamentals than ZITL, you should keep in mind that TSRI was in the two-range within the past year. While I think there could be support at 20, anyone who thinks TSRI can sustain a price at 50 is probably due for a major disappointment. Of course, TSRI could announce some major deal for their software that would send the stock price through the roof. However, all I've found in their news reports so far is that they might have a deal with some Fortune 500 company that wasn't even named. It sounds to me like BS, but who knows?
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