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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?

To: HeyRainier who wrote (988)	5/25/1998 8:47:00 PM
From: Double E	Read Replies (1) \| Respond to of 4140

Rainier, Not trying to but in, however I do have some observations. The volumes the past couple of weeks have been "pitifully" low. I don't know how your models take into consideration the volume traded each day as well as the shares per trade (which has also been rather low). I think we are seeing "aimless" drifting although it has a definite downward trend these past couple of weeks. IMO some impatient "investors" are deciding they have missed the real momentum of this stock and are cashing in. That beats the price down. IMO there are some other people who have bought a few hundred or a few thousand shares at significantly lower prices and are now impatient with the stall in the price increase. This also beats the price down. Another factor may have been the general sell-off in NASDAQ stocks on Friday. Until we have some more news, the price will continue to drift "up a little" and "down a little". When the volume picks up, that's when I will be extremely interested in which direction the stock price is heading. Right now, I'll bet when the volume jumps back up into the 500,000 share/day range we will be moving up again. Until then, who knows. I'm sure Cubby has his opinions as well as to the significance of the price movement but these are my thoughts. I'm not trying to trade this one because I continue to be long on SNRS. One year from now is what I'm ultimately interested in. We're a long ways from my target on this one. Double E

To: HeyRainier who wrote (988)	5/25/1998 10:05:00 PM
From: CUBBY	Read Replies (1) \| Respond to of 4140

I watch the MM's all day and on most days when the volume is low, you can see them drive the price down,to cover their short positions.On the other hand, when there is some buying usually in the morning,you can see the price rise at a nice rate. I feel that the stock is just going sideways and not to be alarmed when the price goes down on low volume. I heard that there is supposed to be some GREAT BIG NEWS within 2 weeks, not counting NASDAQ listing. That should give us the boost we need. Always remember,when we have high volume....the price goes upppp and that's what is significant. Hope everyone had a great weekend cubby