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Technology Stocks : CPSX-CERAMICS PROCESS SYSTEMS -- Ignore unavailable to you. Want to Upgrade?


To: WallStBum who wrote (30)2/26/2000 5:34:00 PM
From: Eric Fader  Read Replies (1) | Respond to of 181
 
Hi Dax! Was that you buying the last hour? <g>

I studied yesterday's time and sales, and it is remarkable. It looks like something happened just before 3pm, like an advance leak of a newsletter recommendation or a fund trying to buy on a Friday afternoon when it wouldn't be as noticeable. For the first 5 hours and 18 minutes of the day, there was a total of 20 prints, of which 16 were at the offer. In the last 1:05, not including 15 prints at 2-1/8 while the market was locked, there were 95 prints at the offer and 12 at the bid as the price climbed. Only a handful were clearly doubled prints and not real trades, making it a truly dramatic surge out of the blue.

CPSX is now my largest publicly traded holding, and I couldn't be happier about that <VBG>. -Eric