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Technology Stocks : International Datacasting - Takeover Target? -- Ignore unavailable to you. Want to Upgrade?

To: StockTrakker who wrote (154)	1/30/1999 9:31:00 AM
From: M. Merriam	Read Replies (1) \| Respond to of 209

I agree that there wasn't much to the release other than a little PR. It's hard to imagine how that will translate into earnings. About the activity in the stock--I'd say that there are two possible explanations. 1. An attempt to discourage selling or shorting by placing large bids. Perhaps they are trying to do a private placement or arrange some other financing, and they don't want the stock to look weak. 2. Someone is trying to take or increase a position, perhaps based on inside knowledge of upcoming good news (what that news could be, I wouldn't know). What do you think? Mike