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To: Wallfly who wrote (9572)12/11/1998 9:55:00 PM
From: Alan Coccio  Respond to of 10903
 
OT:

INNI had lots of big block buys early in the day accounting for a big chunk of the volume. It looked like accumulation. The price holding where it did was probably explained by the last trade of the day. There was a sell of 345,500 shares in one trade. I suspect the market makers knew that was coming and wouldn't let the price rise until it was taken care of. The price should rise Monday unless there is another huge trade like that one pending. If the price doesn't move, you can bet that's what's happening.

Alan