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Technology Stocks : Hummingbird Comm. (HUMC) -- Ignore unavailable to you. Want to Upgrade?

To: Martin Goldenberg who wrote (1309)2/3/1998 1:47:00 PM
From: Silvio  Read Replies (1) | Respond to of 2018
 
Hi, Martin.

I'm not much of an expert on technical analysis but looking at the trades yesterday and today, there were several large blocks (25K to 30K) which were crossed during minor upticks in price. Today, the blocks traded around $45Cdn and yesterday, the blocks traded around $46Cdn.

Looks to me that some investors with fairly large positions are unloading whenever the stock shows any strength.

Doesn't bode well for the short term price.

Regards,

Edwin



To: Martin Goldenberg who wrote (1309)2/3/1998 5:59:00 PM
From: Bill Arndt  Read Replies (1) | Respond to of 2018
 
Martin, could be a spillover effect from the NN debacle (earnings disappoint and downgrades, including one by our friends BT Alex Brown). Maybe if one Canadian high tech company disappoints, that means they all will. 273,000 shares traded today on the TSE for some reason.


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