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To: Copeland who wrote (17129)5/18/1998 3:11:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 31646
 
Folks,

It's MSFT!!! MSFT is going to take the entire Nasdaq Tech sector down in sympathy.

JMHO...

Regards,

Ron



To: Copeland who wrote (17129)5/18/1998 5:25:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 31646
 
The drop is artificially induced, as is evident by looking
at the trading logs -- why, I don't know. There are a number
of possible reasons: lack of inventory, spooking weak hands, MMs
keeping the price low for big clients, MMs shorting the
stock, prepping for options, etc.


The main reason for the drop is that MMs know that there are big bids waiting just above major support at $10. I think we are going down to the $10 area in the near future (ie within a week)

--Olu E.