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Technology Stocks : Neomagic Corp. (NMGC) -- Ignore unavailable to you. Want to Upgrade?


To: vincenzo who wrote (2540)2/16/1999 7:27:00 PM
From: BigDaddyMac  Read Replies (1) | Respond to of 3645
 
are we still looking at earnings after the bell this thursday.

thanks in advance

mitchell



To: vincenzo who wrote (2540)2/16/1999 11:05:00 PM
From: Jerry S.  Read Replies (1) | Respond to of 3645
 
Looks like the MM took advantage of the low volume today to pick up about 50k in small lot stop loss orders at $13 1/2 in the last 10 min. of trading. Must be stocking up.

This is the second day in a row that's happened. I tend to believe in the "stocking up" theory, no other explanation that I can see.

Yes, there is low volume and it's due to this crappy market, but I do like that we ended the day positive - that was a feat in itself and I do think it bodes well for the future; I would suspect that a majority of buyers the last 3 or 4 trading sessions are looking at holding their positions at least for a while