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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?


To: John who wrote (7284)11/11/1997 6:47:00 PM
From: Lewis Edinburg  Respond to of 10836
 
<<It was interesting to watch the last 10 minutes of trading. BORL got peppered with sell orders all about 1000 shares in size>>

I looked at an intraday chart and it appears to me that the volume of shares traded in the last half hour was pretty small compared to the rest of the day. What would that (i.e. a large drop on small volume on what was other wise an "up" day) indicate? Presumably some people should have seen the sharply lowered price as a bargain.

If I remember correctly, Borland has generally gone up on high volume of trades and gone down on relatively low volume of trades. What would explain that behaviour?



To: John who wrote (7284)11/11/1997 10:06:00 PM
From: Jack Gibson  Read Replies (2) | Respond to of 10836
 
John: I also saw the Jan 10 bid price, and like you was disappointed.
It ( the option price) was not proportionate to the stock price. It
should get adjusted in the morning......provided we get an upward
movement in the stock price. I think we will provided the market
doesn't crater, or some unexpected external event doesn't jump
up. I like very much the steady strength that BORL has shown
in the past few days. Market jitters have not altered BORL's
solid staying power. Good stuff!!!!
Cheers and luck to all,
Jack Gibson
PS I hope some BORL upper echelon folks read this thread once
in a while. They might learn something from some of these guys.
We have some people who sound damned knowledgeable; they
certainly can talk the talk. I believe they might just walk the walk.