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Technology Stocks : Insignia Solutions (INSG) -- Ignore unavailable to you. Want to Upgrade?


To: pete mac who wrote (895)3/5/1999 4:23:00 PM
From: Ray  Read Replies (2) | Respond to of 1606
 
With the news we've had as well as other factors -- size of the float, potential revenue, etc -- I though we'd form a somewhat higher base above 5. I suppose it could go down to 4 if there's no news on contracts and volume really declines or if there's a significant market drop But I also wouldn't count on it. Seems to me more likely that the direction from here is generally up.
Must say I was surprised by all the action today. The range was almost a full point, with a good recovery from the low of 4.875.
Must have been either a lot of traders getting out after the news -- a continuation of selling after the news hit -- or MMs in action.
Ray



To: pete mac who wrote (895)3/8/1999 9:57:00 AM
From: Ray  Read Replies (1) | Respond to of 1606
 
A bit weak early. Looks like we might have another good buying opportunity if it approaches 5.
Ray