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


To: ScrapCollector who wrote (163)6/25/1999 4:09:00 PM
From: White Shoes  Respond to of 553
 
From watching the trades, it was clear that some systematic large buying was taking place, as institutions take positions.



To: ScrapCollector who wrote (163)6/25/1999 4:51:00 PM
From: Gutterball  Read Replies (2) | Respond to of 553
 
I count six 10,000 or more shr trades today on MESG. Three buys and three sells. Here they are in order of appearance...

10,000 17-3/4 Sell
15,000 17-7/8 Sell

17,000 18 Buy
22,000 18 Buy
10,000 18 Buy

15,000 18 Sell

Not what I'd call a clear trend. By mid day, I was thinking we'd be lucky if MESG closed above 17. Amazing how lunch can change a perspective.

I do not believe message has gotten its message out. When it does, we'll be holding a tiger by the tail.