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

To: vincenzo who wrote (2873)	4/20/1999 11:25:00 AM
From: wily	Respond to of 3645

vincenzo, Is it possible there are not enough institutional sellers to see the buying in blocks? I know this happens in the small-float i-nut stocks. Today, for example, there is a large imbalance between buy and sell interest in favor of the buy side. OTOH, I haven't followed the I-Watch site long enough to know how reliable it is. (Also haven't read the site information <g>). One day when Neo was under $11, RSSF stood hard on the ask, and I saw approximately 40,000 shares go off at the ask in mostly 2-5K chunks. When he abdicated his spot on Level II he printed 40K at 1/8 above what he sold all the shares at. wily