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Message subject : Ongoing volatility on the Nasdaq
This message was posted by Gail on April 12, 2000 :
Despite the ongoing volatility on the Nasdaq exchange certain smaller stocks have attracted buying, although volumes remain low amid cautious trading.
Among the features Neighborhood Cable (NCA) has jumped 23% to 58c, P.O.S Media (PMD) has gained 18.3% to 48.5c following an earlier announcement while Pacrim Energy (PRE) rose 16.6% to 14c after announcing an MOU with Currumbin Sand & Gravel P/L.
Over 3.4 million PRE shares changed hands. Elsewhere Quadrant Australia (QAD) gained 14.8% to 15.5c on 1.7 million shares before being halted pending an announcement while Oropa Ltd ended at 12.5c, up 13.6% with over one million shares traded.
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