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Technology Stocks : Aeroflex (ARX)
ARX 12.62+4.7%Nov 7 9:30 AM EST
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To: MulhollandDrive who wrote (401)3/12/1998 5:47:00 PM
From: Kerry Lee  Read Replies (1) of 586
 
It is interesting to note that when I checked ARX sometime in the afternoon, the bid dropped as low as 12 1/4 ( dropped to 12 1/4 on very low volume) , no doubt a move by the manipulative underwriters to shake loose some more shares from weak hands. Retail / Day traders who panicked on this intraday dip were suckered into this headfake only to find that the pros accumulated more to the point where ARX finished up for the day. What a surprise.
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