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Technology Stocks : Logic Devices
LOGC 7.880+0.4%Jan 22 9:30 AM EST

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To: Joan Osland Graffius who wrote (27)1/7/1996 4:51:00 AM
From: damniseedemons   of 141
 
Have you guys all noticed the way LOGC behaves according to the NASDAQ Composite?

On the big up days (>8.5 points): LOGC seems to be forgotten, while the buying goes into the larger companies. The stock closes up or down fractionally.

On the day after a big up day: People buy the smaller cap stocks, and LOGC almost always goes up 5/8 or more.

On the big down days (<6.5 points): LOGC (as well as the other semis) gets hit pretty hard, usually down 5/8 or more.

On the calmer days (-6.5 to +8.5): LOGC usually trends upward.
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