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Technology Stocks : FTIC - Forensic Technologies -- Ignore unavailable to you. Want to Upgrade?


To: wpckr who wrote (84)4/28/1998 8:09:00 PM
From: David Rubin  Read Replies (1) | Respond to of 118
 
This is definitely a long term holding ... short term has always been volatile.

This is the third time recently that the stock has dropped like a rock in the last hour of trading. I don't think there are any big sellers, just greedy market makers.

Mutual funds have been accumulating the stock for the past several months. I doubt that many would bail as a result of this report. Unfortunately the impending market correction will probably take us back to 15 over the next few weeks, unless some new analysts initiate coverage and give us a boost.