SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PROGRAMMER'S PARADISE (PROG) -- Ignore unavailable to you. Want to Upgrade?


To: Dick Jaffe who wrote (283)1/16/1999 1:46:00 PM
From: Zeev Hed  Read Replies (3) | Respond to of 2383
 
Dick, the problem with small floats is that they create great volatility, the shortage of stock forces the MM to short rallies, and they are not going to get caught with their pants down, so as soon as the volume calms, they'll step it down (as they did earlier this week). On the other hand, the value eventually comes to the fore, and here, the future splits are attractive.

Zeev