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To: pack who wrote (8683)3/23/1998 12:51:00 PM
From: Oeconomicus  Respond to of 27307
 
Pack, I think the stock may be supported by portfolio "window dressing" until the end of the month. This view assumes that money managers want to show this stock in their portfolios at quarter end. Others who may want to take profits may be waiting for the window dressers to rally the stock. I'm not sure I buy this as this stock defies logic anyway, but who knows? It could explain the slower volume though.



To: pack who wrote (8683)3/23/1998 1:23:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 27307
 
>>but why has the volume dried up so drastically

That's what happens in consolidations.