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Technology Stocks : Electronic Retailing Systems International (ERSI Nasdaq) -- Ignore unavailable to you. Want to Upgrade?

To: waitwatchwander who wrote (77)	6/10/1998 3:46:00 AM
From: Darg Sphincter	Read Replies (2) \| Respond to of 92

Hi Northforce ! Well that post was somewhat tongue-in-cheek to say the least. Just saw the following on the news (RNS) which (at least superficially) answers my own question : QUOTE "Shares in Electronic Retailing Systems International PLC were marked sharply lower in pre-market trading in reaction to one sell order of 40.000 shares transacted in the US overnight, dealers said. The bargain was eventually executed at 150 pence but there was no newsflow driving the transaction, according to commentators. At 8.25AM, the shares were down 57 1/2 pence at 172 1/2 pence, a fall of 25 pct." END OF QOUTE As I write the London price is 170-180p so it looks like the market makers might have been very happy to get shares on their books at 150. I am tempted to buy some more here - especially as the bid price keeps climbing, giving the shares a much narrower spread than usual. No, I havn't seen any of the installations over here. The shares I hold were bought at around 270p ish a couple of months ago looking for a recovery back to well over 300p. I would not, of course, classify ERSI as a potential "100-bagger" - even if I did really own such a portfiolio ! Cheers Darg