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Technology Stocks : Innovacom (MPEG), [announced single chip MPEG-2 encoder] -- Ignore unavailable to you. Want to Upgrade?

To: md1derful who wrote (5163)	3/19/1998 12:15:00 PM
From: P. Ramamoorthy	Read Replies (3) \| Respond to of 6297

mdlderful - Yes, you are right about the manipulation. Look at the intraday volume charts last 3-4 days. There are huge buy/sell orders placed one after the other, the buy order for just a little more than than sell order. Yahoo site shows: last Friday - about 12 PM about 20,000 sell/25,000 buy which dropped the price from 2 to 1.85 Last Wednesday - scared individuals selling and buying, notice bunches of buy/sell placed one after another Last Thursday - about 11:10 AM 40,000 sell/buy dropping price from 1.85 to 1.61 Today - about 10:20 AM, 50,000 sell/buy combination. Same person can not do this. The buyer must have known the timing and the amount of the sell order. (Remember this is a bulletin board stock.) That is my interpretation of the public data. Money is given away, at these prices. I'm buying, of course! Ram