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Technology Stocks : Metromedia International Group (MMG) Looking for Opinions -- Ignore unavailable to you. Want to Upgrade?

To: Elayne Shochet Tatar who wrote (230)	2/17/1999 7:31:00 PM
From: TheSlowLane	Respond to of 353

Hmmmm...twice the average volume but only a 2% drop in price. Earnings have to be announced sooner or later. There may be a bunch of shares available at this level from all of the people who bought in a couple of months ago expecting a fast run up. Who knows?

To: Elayne Shochet Tatar who wrote (230)	2/18/1999 4:26:00 PM
From: TheSlowLane	Read Replies (1) \| Respond to of 353

Elayne - Same thing today, and get this...I looked at the intraday charts for both days. Looks to me that on each of the past two days there was a single trade that accounted for most of the volume (~600K). But I haven't seen anything on the wire about block trades being crossed. If they were block trades, that would help explain why there was no significant price movement in either direction to accompany the big volume. I am cautiously optimistic for now...