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Technology Stocks : Bluetooth: from RF semiconductors to softw. applications

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To: Mats Ericsson who started this subject9/7/2000 11:12:20 AM
From: Mats Ericsson  Read Replies (1) of 322
 
Investors chase rising Parthus, Scoot
Vodafone, BT, Baltimore most sold on Schwab


(Jap, it's momentum play, but so was Puma, Xtnd and others
year ago)

By Bernard Hickey, FTMarketWatch 3:51:00 PM BST Sep 7, 2000

LONDON (FTMW) -- British mobile microprocessor designer Parthus Technology [UK:PRH] was the most bought stock by individual investors trading through online broker Charles Schwab Europe in the last week.
Parthus’ shares rose sharply after a marketing deal with ARM. [UK:ARM] and has been boosted by a rush back into technology stocks by individual investors in the last two weeks.




Parthus was also the seventh most-sold stock through Schwab, but buying outweighed selling by a ratio of 3 to one.

Index heavyweight Vodafone [VOD] was the second most bought in the Schwab Top 10 and Baltimore [UK:BLM] was the third most bought.

The top three most sold were Vodafone, Baltimore and British Telecom [UK:BTA] as investors cashed in some of their bigger telecom stocks after a mini-rally to buy the sharply rising techs.

Scoot.com jumps in on takeover talk

New entrants into the Schwab top 10 most bought were Internet directory group Scoot.com [UK:SCO], which jumped sharply on takeover speculation on Monday.

Internet investment house and broker Durlacher [UK:DUC] was the fifth most bought stock.

Scoot.com was also a new entrant to the top 10 most sold, as was Telewest Communications [UK:TWT] and handheld computer maker Psion [UK:PON].

Buying of Scoot outweighed selling by a ratio of 1.6 to one.

Bernard Hickey is a reporter for FTMarketWatch in London
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