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To: Brian Mardis who wrote (475)10/26/1997 1:28:00 AM
From: StaggerLee  Read Replies (1) | Respond to of 527
 
I've looked but haven't been able to find anything to explain the 22% drop Friday. No news or PR's that I can find.

It looks like somebody put in a sell order around noon, and it was big enought to take out every buy order down to 1 1/2. With the recent low volume it wouldn't take much to accomplish that. This company has been so quiet about news/developments it's not surprising there's no interest in the stock. Maybe a value fund will discover it over the weekend.

Maybe somebody needed to sell 150,000 shares to free up cash for something else (like maybe a cheeseburger and fries -- that's about all it's worth anymore!).