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Technology Stocks : COM21 (CMTO)
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To: QuietWon who wrote (469)6/3/1999 1:56:00 AM
From: Jay Fisk  Read Replies (1) of 2347
 
Merrill has been on the offer nearly all day with 5 & 10K blocks, not playing games at all, they're moving a position for a fund that probably bought a half the current price. Fund redemptions are rising, more people choose to manage their own investments, may not have a choice but to sell off profitable positions in order to raise cash.

Their traders are just moving shares, not much of an attempt to sell into strength, not the pattern of a short, just doing their job.

I'm continuing to buy for the long-term account, this company is solid.
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