Vicor Corp. Message Board

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Technology Stocks : Vicor Corp.

VICR 89.58

-0.5%

Oct 28 3:59 PM EDT

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To: Alan A. Hicks who wrote (48)	6/20/1998 3:35:00 PM
From: Ghassan I. Ghandour	of 118

Well, If they were too dumb to sell when the stock was at 37 then, they certainly are not smarter than we are. Any idea what was their average buying price (are they selling at a loss?) It wouldn't surprize me a bit if they are loosing money on this sale as I know Vinick sold CREE at about 15 after acquiring it a few months earlier in the low to mid twenties. Wasn't Vinick at the head of Magellian (after Peter Lynch left) and isn't that part of Fidelity. I do feel the selling in VICR is way overdone. Last time the stock was at 13 (February 97 I believe) it rebounded to 17 in no time as the company then announced it was buying back shares (it rebounded to 14 on the announcement then kept going up. Go VICR ... Ghassan.

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