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To: Philip Williams who wrote (101793)2/17/1999 11:37:00 AM
From: Mark Peterson CPA  Read Replies (1) | Respond to of 176388
 
PW, it's also institutional buying. As you know, two sides make a market - a buyer and a seller. Some institutions/funds have decided that now is a good time to do a bit of early spring cleaning and are selling their holdings. Others have decided that although they liked the company at 100, they like it even better at 80 and as a result are buying it.

Who is right? They both are, based on their individual preferences for investment risk.

Best regards,

Mark A. Peterson