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To: Mark Fowler who wrote (15909)9/3/1998 7:39:00 AM
From: H James Morris  Respond to of 164684
 
Mark< This is a sign that some savvy buyers are accumulating the stock>
Yes, you and Morgan Stanley.



To: Mark Fowler who wrote (15909)9/3/1998 9:03:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Glenn, i assume you mean money is drying up, flowing out of the stock. If that's the case,
however, money has been flowing into the stock for five days in a row and each day at an
increasing rate. Three days during the biggest declines and two days on the advances.
This is a sign that some savvy buyers are accumulating the stock.


Mark,

I was not making reference to accumulation or distribution of money. I should have been more clear. There are a lot more shares in the float making the stock easier for the market makers to execute orders and for larger trades to execute without as dramatically changing the stock price. I have been watching leverl II and a few months ago it would take a long time for a 5K share order to execute. The market makers did not seem to have the shares. Now shares are more readily available. That was all I was trying to say<G>

Glenn