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To: Jack Zahran who wrote (7140)12/11/1997 12:58:00 PM
From: Rob L.  Respond to of 31646
 
Agreed Jack. This is a classic example of the MM taking advantage of a poor stock market environment to drop the stock, shake out the weak hands, and build his inventory as the stock gets ready for the next leg up. If the volume was significantly higher in the 500k to 1 mill k range, then I would be more concerned.

However, with that said, I will not be buying until I see some confirmation in the form of news of new contracts or NMS listing. Company better get on the wagon and release some good news. There hasn't been any news since the last earnings report. Surely some contracts must have been signed.



To: Jack Zahran who wrote (7140)12/11/1997 12:59:00 PM
From: jan m.  Read Replies (2) | Respond to of 31646
 
Jack--I just added to my position, not much because of low funds, but this is an excellent buying opportunity. The entire market is taking a dump---one catalyst is large companies are reporting disappointing earnings, something we shouldn't have to worry about if we are to believe what we heard in the CC. Jan


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