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Technology Stocks : MessageMedia Inc. (MESG) -- Ignore unavailable to you. Want to Upgrade?


To: Gutterball who wrote (158)6/24/1999 7:18:00 PM
From: FredB  Respond to of 553
 
and...

emailpub.com




To: Gutterball who wrote (158)6/24/1999 10:39:00 PM
From: Gutterball  Read Replies (1) | Respond to of 553
 
I wasn't watching the tick today, but there appears to have been 11 large trades today; ie, 10,000 shrs or greater. One was a sell, One I'm not sure and the other 9 were buys. In order of appearance...

25,000 - 16-3/16
15,000 - 16-1/2
10,000 - 16-3/4
10,000 - 16-15/16 sell
10,000 - 17-1/16
10,000 - 17-1/16
15,000 - 17
17,000 - 17 unclear if buy or sell
35,000 - 17-1/16
11,000 - 16-15/16
10,000 - 17

It appears institutions are beginning to buy MESG. Once they start, we can see sustained higher prices. My guess, fund managers are preempting MESG's listing on the Russell Index.

Seventeen will look cheap next week!