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Technology Stocks : Trikon Technologies - TRKN

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To: Robert Henry who wrote (257)8/16/1997 11:12:00 AM
From: Carl R.   of 926
 
I don't think that is it. AMAT announced earnings and most of the semi-equips moved up. TRKN did move up only slightly. But on Friday the techs were weak in general. AMAT was also down. But TRKN continued up, which could (but not necessarily) mark the beginning of a trend. I will watch this closely next week. As I said, there is no known reason for the stock to move up, and certainly not to move up again the backdrop of a distinctively down market. Therefore it could indicate that there are people who know more than we do (customers, employees, competitors, etc) who are buying.

Watch for a continued up trend on increasing volume as a distinctively positive sign.

Carl
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