Hi Rande and friends,
I feel qualified to comment on a few of these items you've mentioned. First off, several are favourites of the #daytraders IRC channel, and hence get 1000+ sheep on board every move, short and long side. These include RHAT VISX EMLX. VISX has been a long-side favourite, although beaten down. As I recall, they are a laser eye-surgery correction firm, but one who's technology is getting outdated. They took a hit on some patent issues, and on price cuts to their treatments to regain market share. They are up recently on some favourable patent news, although I see many shorts moving in.
RHAT is of course the Linux distribution firm. They're down because of the general uneasiness about Linux-related firms ever making money (a camp to which I belong, despite my love of alternate operating systems), up recently on their announcement of "profitability by 2001" and the MSFT news. This is my interpretation of their movement, although I do feel something else is going on.
EMLX I know less about, save that some people on other boards and channels are very long this stock at these levels, and the daytraders play both sides a lot. (Same with VNTR ISLD).
Hope this helps,
Simon. |
