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Technology Stocks : PSIX up 26.5%, Takeover(?) -- Ignore unavailable to you. Want to Upgrade?

To: bob zagorin who wrote (2270)	3/27/1998 6:48:00 PM
From: david james	Read Replies (1) \| Respond to of 5650

Looks like the new resistance is $12 1/2. There was quite a large ask size when we first got there today. No technical reason I can see for it, except that someone sold a boatload of April 12.5 calls over the last couple days to some interested investors. And whoever sold those would probably prefer that we not make it too much higher. But with this sort of volume again on monday, it should eat at the resistance pretty quickly. David