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Technology Stocks : RadiSys Corp
RSYS 1.720+0.6%Dec 11 4:00 PM EST

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To: Tnsplyr who wrote (1118)1/27/1998 7:37:00 PM
From: D.J.Smyth  Read Replies (1) of 1472
 
tnsplyr, who knows. could be that mms were holding a ton of shorted shares in their own accounts as well as shares held long. when jensen upgrades stock they sell their own shorted shares along with the shares held long. once the books are clear and volume dries up, rsys trades on its own merits as mms are now not willing to accumulate shares as was the previous case. this gives them the benefit of the doubt. the stock, though, has traded up and down based on little or no news. trades up to $54 on no news. trades down to $45 on no news. earnings were okay, it trades up to $48 and falls back to $44. intel news was credible but relative to average daily volume, not credible relative to price movement. since the intel news other momentum stocks have been moving well, rsys drifts lower on no news. welcome to america
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