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Biotech / Medical : MEDQ - Medquist -- Ignore unavailable to you. Want to Upgrade?


To: stephenmazda who wrote (28)2/1/2000 12:26:00 PM
From: Mark Peterson CPA  Read Replies (1) | Respond to of 42
 
Well, I'm glad to see someone besides me is taking a look at this stock. I can't believe that they're trading at a 50-60% haircut to their industry - especially after the news report yesterday.

FBCO (Credit Suisse First Boston Corp) appears to be working the stock from both sides, probably clearing out a seller and filling orders for a buyer. They were the most active market maker on this stock in December, 1999 handling approximately 16% of the trading volume that occurred. Goldman Sachs was second with approximately 10% of the trading volume.

For a company that has less than 37M shares outstanding, sure seems like there's a whole new group of shareholders that took positions based on the stock's activity the last few weeks....

Mark



To: stephenmazda who wrote (28)2/1/2000 9:44:00 PM
From: Mark Peterson CPA  Read Replies (1) | Respond to of 42
 
Steve, don't know how closely you watch the market, but MEDQ sure looked strong today.

Particularly at the close.....

Saw all kinds of orders throughout the day on Naz II. Looked as if Credit Suisse First Boston was working 2 orders, buys and sells. But it looked like it got cleaned up at the end of the day. At least the sells. Becuse they appeared to step away from their offers during the last half hour.

Don't know where this stock is going, but "up there" and a good deal away from its 52 week lows, I would think.

JMO,

Mark