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 : LHSP: Lernout En Hauspie

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kevin Thompson who wrote ()6/8/1998 6:09:00 PM
From: MrktTrakr  Read Replies (1) of 2467
 
There is news out today on the L&H home page that apparently has not hit the news wires yet. Someone on the yahoo board spoke with the L&H home office and they seemed to think the news should already be out. We'll probably see it tomorrow on Bloomberg or MOT. Here's the link

lhs.com

Also, LHSPF will be at the '98 PC EXPO in NYC's Javits Center from June 16-18. They should get a lot of exposure as they will be co-located with MicroSoft at its Pavillion.

I'm sure most of the industry analysts will be there to view firsthand the new products the tech companies plan to launch.

One other thing. I've found the low volume of the past few days to be very interesting. Here's commentary on what this may mean for LHSPF stock price.

Low Volume, article in today's IBD
Jun 8 1998
page A24
"Tracking the Trading Spread can Reveal Bullish Patterns."

They write: "Normally, you want the daily and weekly trading spread to decrease while a stock forms a sideways basing pattern..."

"That indicates the stock is going through a "calming period" after an advance and that the selling is contained. A decline in trading volume, especially on down days, is good confirmation a stock is calming."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext