BAY Ntwks (under House) Message Board

STOCKTALK

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 : BAY Ntwks (under House)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RFF who wrote (3857)	1/27/1998 4:13:00 PM
From: rupert1	Read Replies (1) of 6980

Thread - Over the phone, told that a bloc of 423,000 BAY changed yesterday at 26. Low volume and stalling price: my gut feeling is that we have seen selling from momentum players disappointed by the resistance at 29 5/8ths. This selling is petering out. The low volume exaggerates its effect. There may be more selling from disaapppointed momentum players as the stock passes through 27, 28 and 29. At the same time buyers not motivated by any news or events. One good news story could reignite stock price's upward momentum. Until then there may be drift. Vepoc

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next