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Technology Stocks : PERI (Periphonics) -- Ignore unavailable to you. Want to Upgrade?

To: Mel Spivak who wrote (1471)	1/7/1999 1:40:00 PM
From: Thomas Scharf	Read Replies (1) \| Respond to of 1682

RE: "selling off on no news" I've noticed that PERI often moves counter to the market. I suspect that at times like these (the market is going wild on the up side), money comes out of PERI to chase the high flyers that trade millions of shares every day. What is needed is broader visibility which will lead to better liquidity. Average share volume for PERI is only 111,318, so even a large individual investor pulling 20K shares (that's only $240K) in one day could move the price.