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Technology Stocks : RATIONAL SOFTWARE- BUY OR HOLD -- Ignore unavailable to you. Want to Upgrade?

To: Kenwood Sun who wrote (2288)	3/27/1998 9:00:00 PM
From: BigBull	Read Replies (2) \| Respond to of 3115

Kenwood: Huge blocks on March 24-25 Back then some 400k, 200k, 100k blocks crossed at around 12-12 1/8. The stock barely moved. If that was institutions blowing out stock then she probably would have cratered. The next couple of days the stock scoots up to 13.5. Maybe it was institutions buying, quietly. I can't say. Tape reading is an esoteric skill that I'm not well equipped to engage in. If institutions were dumping stock today then they weren't very smart traders, since they sold out at the lows, IMO, of course. Sometimes it is not a bad thing to get rid of the institutions who need to sell for whatever reason. I was watching CY a few weeks ago and an institution dumped a block of 1.5 MILLION shares and you know what? They got the exact low of 8.375. Stock never went lower, and today it's trading somewhere near 10. These MM guys aren't always as smart as they're cracked up to be. After all, 90% can't beat the S&P 500. Anyway, I don't think today's action is telegraphing terrible news ahead, selling volume was pretty light. I don't know if that helps even a little bit. Just my 2 cents. Check ya later.