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Technology Stocks : 3DFX -- Ignore unavailable to you. Want to Upgrade?


To: Jay Fisk who wrote (2592)4/25/1998 7:43:00 PM
From: Czechsinthemail  Read Replies (1) | Respond to of 16960
 
Jay, Thanks for the prints on TDFX's Friday close. The sales at the bid are somehow being matched by demand from somewhere to keep the price rising into the close. It may be short-covering balancing positions before the weekend, but the net effect was not depressing the price toward the end of the day. If the thought is that MM's were accumulating shares at the close, presumably they would do so in anticipation of a stronger open on Monday rather than a lower opening.

Baird



To: Jay Fisk who wrote (2592)4/26/1998 12:12:00 AM
From: Matt Webster  Read Replies (1) | Respond to of 16960
 
Does anyone have any comment on the block size at the close on Friday? For a stock with only 14 million shares outstanding, the large 1000 share blocks seem to me to be non-retail trading. It seems like it is either institutional accumulation or daytrading.

Matt