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Technology Stocks : XLA or SCF from Mass. to Burmuda

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To: bconway who wrote (710)8/28/2000 11:41:56 PM
From: Scott Bergquist  Read Replies (1) of 1116
 
bconway, in this narrow range, almost any logic sounds plausible. Very hard for me to tell. Probably the Amex Specialist would know best, and "he ain't talkin'".

I was a bit surprised that the Cisco "news" didn't generate a more positive response. Someone wanted "onboard" at 15 7/8, and I think I saw about 40k shares drop the price momentarily down there, only to pop back to 16 1/8 30 secs later. I'd say most short players have vacated for for juicier prospects.

Mirror Image has brought on professional PR in the last month, in anticipation of the completion of the CAPs. We'll see how well the Viks can monetize the technology during September.
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