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Technology Stocks : Formula Systems : FORTY -- Ignore unavailable to you. Want to Upgrade?


To: Josef Svejk who wrote (38)3/6/1998 1:48:00 AM
From: gerald tseng  Read Replies (1) | Respond to of 141
 
JOSEF:

I ALSO BOUGHT INTO FORSY AND WIZTF TODAY.

FORSF SEEMED VERY STRONG TODAY!
iqc.com

WIZTF LOOKS LIKE A BREAK OUT FROM BASE:
iqc.com

FORTY, I DON'T WHAT TO MAKE OF THE CHART?
iqc.com



To: Josef Svejk who wrote (38)3/9/1998 2:22:00 PM
From: gerald tseng  Read Replies (1) | Respond to of 141
 
Josef:

FORTY up 1 7/8!!!!

Oh, don't be too excited though. It's a buy at the ask (34.125) for 300 shares that bring us to this. Same as in Friday when last trade was 32.25 (ask) for 100 shares that gave us up 5/8 for the day; even though it has been traded at the bid side all day ($31-$31.5).

HA! What do you make of this??

With a 1 3/4 spread on this stock, maybe we should deduct 1.75*2=3.5 from the trading range we see on the chart, then it won't look as scary as it is. (although it's still scary in reality.)