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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (10507)1/25/2001 10:13:38 AM
From: kili  Read Replies (1) | Respond to of 30051
 
Absorbtion doesn't seem to be the theme for SSTI. Heavy pushing from above...

Kim



To: Zeev Hed who wrote (10507)1/25/2001 10:20:14 AM
From: Bruce A. Thompson  Read Replies (1) | Respond to of 30051
 
Hi Zeev,

I'm holding it too. The convert holders had 45MM shares to dispose of. I figure they are doing around 2MM per day. They may have already done today's quota as the asks are getting hit well now. SSTI is down 28% from yesterday's close. Looks like "guilt by association" isn't the problem. Looks more like they are getting the blame. :-(

BT