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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?


To: TTOSBT who wrote (10633)5/22/1998 7:24:00 PM
From: Jan Robert Wolansky  Read Replies (2) | Respond to of 10836
 
There was a steady stream of large blocks throughout the day. The first large block was 30,000 shares @ 8.00 at around 10:00. Between 10 and 11, there were 4 blocks of 25,000, each at the ask between 8.00 and 8.25. Between 11 and 1, another 4 blocks of 25,000, at prices of 8 1/2 to 8 5/8. Between 1 and 3, another 3 blocks of 25,000 at prices of 8 1/2 to 9.

I was watching time and sales very carefully throughout the day, and there was a steady rhythm of larger buys at the ask, with smaller sells at the bid.

The technicals for BORL after today show a tremendous amount of room for a continued move up, if the big institutions stay interested.

Jan