F5 Networks, Inc. (FFIV) Message Board

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Technology Stocks : F5 Networks, Inc. (FFIV)

FFIV 236.08

+0.8%

Nov 24 3:59 PM EST

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To: speedbot who wrote (165)	7/16/1999 2:43:00 PM
From: J. M. Burr	Read Replies (1) of 1801

Reference your analysis that daytraders are playing around, I have two observations: (1) This stock has moved to a price level that is not at all attractive to daytraders; it's similar to a major stakes poker game at Las Vegas, the little guys haven't got the capital to play, or if they do, they play scared. (2) Having watched the movement through most of the day I am especially pleased at the number of large purchases; 750 shares-up. This is an indication, I believe, of shares being taken out of circulation. Thus, I believe, the float will dry up within a week and there will be no more million share days. When that happens the movement of this stock could be spectacular (as though it hasn't been already). Best regards.

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