SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ADFLEX SOLUTIONS ( AFLX )
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jonpcar who wrote (153)10/28/1997 11:24:00 PM
From: Kent Sarikaya  Read Replies (1) of 718
 
John, I just saw where Dataquest estimates the Asian slow down to only impact tech stocks here 6% for the coming year. Not much to worry about if you ask me. That would mean the 35 cents would be 32 cents and that's if the 6% hit just in one quarter. Not much impact.

Watching stocks for a few years now I think there is a pattern that makes some sense. It's pretty obvious the institutions make the market. With all the funds out there and their objectives... I think there are funds that carry a stock from 10 to 30 and then there is a turn over and other funds buy and take the stock from 30 to 70 or 80 and then others still take over from there. In addition, the last quarter of the year funds make moves for tax reasons. All this makes October such a key month. I think we had the one group of funds getting out the last 2 weeks and now with yesterday and today the change is in full effect. Today was a dramatic 17% turn around. I think most of the selling is over, now there might be some selling by those that got in at the 16's but that can't last too long. I think the money will start flowing in regularly into this stock. It seems to move like a big cap stock like AMAT, more than a samll cap like SFLX.

Of all the stocks I monitor daily about 30, AFLX had the biggest gain from its lows today and the highest percentage gain. Of course it was one of the biggest losers when it was heading down also. There is lots of attention being paid to this one.
I think we will be rewarded sooner than we can think, to end on a positive note.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News