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To: 007 who wrote (22031)	5/14/1998 7:10:00 PM
From: The Ox	Respond to of 95453

Another possibility with TCMS. With very low average daily volume, one large block purchased or sold can drum up immediate interest in the stock for both fundamental and TA perspectives. This is often a perfect example of the herd mentality at work. TCMS certainly looked like a decent value at $10 per share but there were very few buyers of the stock. One big block gets traded and now those on the sidelines don't want to be left out and they rush in. I'm not saying this explanation defines the action in TCMS today, since I didn't watch the stock that carefully but it has been my experience that this sort of situation happens more frequently then many realize. Just something to think about.... Michael

To: 007 who wrote (22031)	5/14/1998 8:27:00 PM
From: jbe	Respond to of 95453

Thank you, 007 (and Michael Happel), for responding to my question about abrupt rises in volume (as in the TCMS case today). Both responses gave what seemed like logical explanations (which is what I'm looking for, right?). Actually, I am quite aware of the illogicality (or "IE") of much of investor behavior; I just can't get used to it. I remain fascinated by the one-day 184.21% jump in the price of Xybernaut, which was apparently provoked by the announcement that Sony will make Xybernaut's "wearable" computer (meaning, I presume, that Xybernaut has only designed it), called the "Mobile Assistant IV." So, I'm thinking, where would you wear your Mobile Assistant? You can't wear it on your wrist, because it's too heavy (2 lbs.). You can't wear it on your arm, because you really need two hands to use the keyboard. You can't really wear it around your waist, because although you could use both hands to type in the data, you'd get a crick in your neck from trying to look at the display. It might be better to strap it to your thigh, just above the knee. Then, when you sit down, your Mobile Assistant would be just like a lap-top computer. But, if you're a man, it would spoil the crease in your trousers. And, if you are a woman, you'd have to hike up your skirt to work on it, which might attract unwanted attention. Finally, goaded on by curiosity, I went in search of a company website, to find out just where you wear your wearable computer. There is a website, but for some reason it was not accessible. Another URL, for company press releases, promised photographs of the product. But no, that page was "under construction." Still, one sentence in one press release did provide some (foggy) illumination: "...wearable computer systems feature speech-activation and head-mounted displays that allow hands-free access to information in the computer's internal storage...."[worn on a belt]. So - you wear the display (the monitor) on your head! Great -- but how do you see it, if it's sitting on the top of your head? Or maybe you put a belt-like thing around your head, to which a sort of arm is attached, from the end of which dangles the display,right in front of your face. Well, o.k. But the press release says that the Mobile Assistant is to be used widely in defense, by pilots and such like...Well, if I'm in a plane with a pilot, I don't want his view of the sky, and of the landing strip, blocked by a Mobile Assistant! I can just imagine the pilot (somehow safely landed) emerging on a desert island with that thing on his head, and some modern-day Miranda running up to him, exclaiming -- "O, brave new world, that hath such creatures in it!" Ain't technology wonderful! ( Especially when you consider that nobody has actually produced this gismo yet!) jbe