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Technology Stocks : Avant (AVNT) -- Ignore unavailable to you. Want to Upgrade?

To: Eric Klein who wrote (1428)11/10/1997 11:07:00 PM
From: Cosmo Daisey  Read Replies (1) | Respond to of 3441
 
Eric,
The average volume has increased during this recent price weakness and slight downturn by about 80 percent over the period leading up to the decline. Larger volume on declining price is always a negative for the bulls and a positive sign for the bears. The price managment by whoever is doing it is like an opera but sooner or later the fat lady is gonna sing. I can't imagine that Amerindo and FMR are comfortable with their positions. The daily trading pattern indicates professionals at work rather than individuals, it would be interesting to know who is buying now.
Coz



To: Eric Klein who wrote (1428)11/11/1997 2:18:00 AM
From: Paul M.  Read Replies (1) | Respond to of 3441
 
Eric they may have stopped. It could be Fidelity and their followers who are supporting the price. I would think at some point Fidelity would dump this dog and with the amount of shares owned they could crush the price in one day of trading. That would be a great xmass gift for short people.


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