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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: David Howe who wrote (71095)7/12/2002 4:04:56 PM
From: John F. Dowd  Respond to of 74651
 
DH: Last couple of days it has been an underperformer for sure. Wonder what the sentiment is that is singling Softee out. I will say this if you removed INCA and REDI from the trading equation the stock would be up. Who do these ECN's trade for the programmed hedge funds? They jump in on the sell side with big volume whenever the upward momentum threatens to get going. I will bet that they went home short a lot of shares over the weekend. They kept banging away all the way to the close.JFD