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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable. -- Ignore unavailable to you. Want to Upgrade?


To: Alan Aronoff who wrote (1505)3/13/1998 12:30:00 PM
From: Karl Schwarszchild  Read Replies (1) | Respond to of 2063
 
Alan,

Re the last 10 minutes of Thursday's trading: CVUS went from 4.8125 down to 4.125 in 3 moves, and then, at the VERY last moment, bounced back to 4.5.

My point regarding the actual loss incurred when the share went from 4.8125 to 4.125 stands: less than $8 thou.

Would also like to add that one should consider that trading activity soon after a share has arrived at some "new" level may be attributable to trading among makers and "traders" attracted by the volatility, and need not indicate INVESTOR enthusiasm for that level, you know?