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Technology Stocks : Xicor ?

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To: Ram Seetharaman who wrote (2272)7/8/1999 6:13:00 PM
From: helkel  Read Replies (1) of 2920
 
A drop in price on low volume is what one wants to see. Stock needed to take a breather, and obviously no big (SMART) holders/institutions were selling.
Also, the bid stayed at 4 9/16 all afternoon, which i say means that no big sellers, or big buyers.
a quiet down day after the big run up shouldn't scare everyone away. I think the stock will continue back up, some of the short term small holders got out, and buying pressure should come back (if whatever the story is that brought them in is still valid !!!) and push the stock back up.
good luck
hk
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