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To: Buckey who wrote (299)7/23/1998 10:54:00 AM
From: Steven Godfrey  Read Replies (1) | Respond to of 420
 
Hmmmm, a 100k trade sandwiched between two 50k trades at the offer, certainly seems like some big buying.

My thought is that if this were broker positioning or accumulating wouldn't the big trades go at the bid rather than the offer? Unless these guys think they can run this thing up so high that a few pennies doesn't matter (I doubt that though as a few pennies always matters). So then we should say that these big trades on the offer are definitely good news (maybe even their clients buying)?!?!

Steven