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To: Jeff Kirk who wrote (38918)11/4/1997 10:30:00 PM
From: Rational  Read Replies (2) | Respond to of 186894
 
I did one more study of the tick sizes today. When the price peaked 79 1/2, there was a rapid sequence of sell orders for 1000 shares each and the price began falling, then the mood changed. As more and more small sell orders came, the price fell further with a domino effect. It should be the work of short-sellers. The large blocks I mentioned in an earlier post may have been even buys. In conclusion, today's price movements may not stem from fundamentals.

Sankar



To: Jeff Kirk who wrote (38918)11/6/1997 2:38:00 PM
From: Randy Ellingson  Respond to of 186894
 
"Randy , 50% ?..... biz.yahoo.com;

I I meant gross margin of ~50% (but certainly didn't say that). Now can you tell me the definitions/meanings of operating and gross margins?

Thanks.


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