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Technology Stocks : RomTech (Nasdaq: ROMT) -- Ignore unavailable to you. Want to Upgrade?

To: bsl113 who wrote (199)	6/18/1998 6:16:00 PM
From: Jason Flora	Respond to of 427

The only issue (IMO!) is that everytime the stock starts to move, Oddessey and some other long time holders (who have lost money on it) start to unload driving the price back down. The trading range is fairly defined and can be a good money maker if you follow it closely. From post #159 "One of the big concerns about RomTech is the continuous selling pressure on the stock by Odyssey Capital, who sold more than 95,000 shares in February ans was also a heavy seller in March. The company still has 900,000 shares to sell. Interest in buying this stake from Odessey has been shown by several companies, and this would greatly reduce the selling pressure and allow the stock to rise back above $3 per share. Odyssey is the venture capital firm that helped bring RomTech public and as part of its charter it does not invest in public companies so once the lock up ends it sells out."