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Technology Stocks : ReSound, will it helkp us hear better ? -- Ignore unavailable to you. Want to Upgrade?

To: Toni Wheeler who wrote (23)	12/16/1998 4:26:00 PM
From: Moonray	Read Replies (1) \| Respond to of 44

Toni, as you might imagine, in 36 years in the market, I HAVE seen this before. Just a case of a lightly traded stock moving according to supply and demand. The MMs lower their Bid/Asked and ANY selling leads to flooding downward through stop-loss orders previously entered. At a low enough price, the MMs start to make a market again (by buying stock) and boost the price. At the end of the day the net result is down 1/8 on so-so news. 300,000 shares traded today is NOT MUCH money. Here, you can see the minute-by-minute trading: fast.quote.com Got to go now, air raid sirens in Bagdad! o~~~ O