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Non-Tech : NovaCare Employee Services (NASDAQ:NCES) -- Ignore unavailable to you. Want to Upgrade?

To: Todd D. Wiener who wrote (290)	3/10/1999 8:00:00 AM
From: Dave	Read Replies (1) \| Respond to of 376

Todd, <<I can see how the stock would drop after the report was issued, but why would it have broken out in the first place? And why such high volume?>> If you look at the chart, NCES broke out on Feb 25. The report was issued on the March 2 and the price rose again with confirming volume and the price stayed that way until the 4th, which is when it began doing wierd things. It's possible that JMS, being a MM in NCES, began accumulating before they issued the report and then sold to lock in some profits. The volume would have brought the price back down significantly. I don't have the data, but it would be interesting to see the up volume vs down volume over the period from Feb 25th to yesterday. FWIW, Dave