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Non-Tech : Invest / LTD

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To: Peter V who wrote (12530)3/17/2000 6:19:00 PM
From: Thean  Read Replies (2) of 14427
 
Pete, BBY has been the prime beneficiery of the old econ stock mo-mo although in reality they are really more new than old. Today's action definitely defines what churning means and if the old econ stocks lose steam next week I think BBY will not be immuned. I haven't looked at the chart to see where the support/resistence are. When I have the number I will post here.

CNXT - I watched this whole day and with its extraordinary high volume it is remarkable it traded between $78 - 80 since yesterday. Either we will know about the bad news comes Monday morning or this is all option related. But I'm scratching my head because the trading volume overwhelms all the option volume that the MM's potentially want to jostle.

VLNC - rebound from the 28-29 support once again and this cycle has become quite predictable <GG>.

OPMR - roadshows starts next week. Their F3 out today. Good description of their business risk in this statement.

freeedgar.com

Semi's - other than AMCC which got an upgrade boost, other semi's are under profit taking today. Their time will come in 2-3 weeks in preparation for the quarterly earning parade.
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