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Technology Stocks : Avalon Group, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: wombat who wrote (12)	10/24/1997 6:00:00 PM
From: Chad Beemer	Respond to of 1530

Rick, I really have no targets as I am not a trader. I do think 2.00 is not out of line for this stock. I heard that there was a market order at the end of the day for 250,000 shares but it couldn't be filled. The market makers were bouncing shares between themselves today. I only know of 30,000 shares that were actually sold by individuals today and that was done to help fill an order of a long term shareholder. Most everyone in this stock is holding long paper and not planning on selling for quite some time unless the stock just goes ballistic. There is virtually no paper out there and there was tons of orders today between the spread that were not filled. What you witnessed today was the power of promotion. It didn't take much volume to move this one very much at all. Next week could be interesting. Chad Beemer