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Technology Stocks : PROGRAMMER'S PARADISE (PROG) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (62)1/10/1999 10:50:00 AM
From: Crossy  Read Replies (2) | Respond to of 2383
 
Zeev,
thanks alot - that's a web-adress I really can use a lot..

regards
CROSSY



To: Zeev Hed who wrote (62)1/10/1999 11:18:00 AM
From: Bruce A. Thompson  Read Replies (1) | Respond to of 2383
 
Zeev,

RE: "NAZ market, the counting of shares is often doubled, the MM sells you some stock and then he buys it from someone else, so only 1,000,000 shares actually changed hands in the public."

I'm not sure that's still true. In my favorite BB stock, due to the slow volume at times, I have been able to watch my purchases and sales go through in real time. They have always gone on the totals "as bought" and not doubled.

Someone asked why the current holders sold Friday if this is such a good deal. Could the MMs be sitting on a huge MM short position? If so, they will probably drive the stock price up monday until they get some real sellers. The Street Dot Com's Cramer wrote an article last week about the internut stocks. He said the meteoric rises are caused by the very small float and the continuous short squeezes being put on the MMs by the demand.

It all looks good for PROG.

Bruce