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Technology Stocks : Pericom Semiconductor PSEM

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To: Harold who wrote (140)7/24/1998 11:57:00 AM
From: John Chapman  Read Replies (1) of 532
 
Harold: Filling in the gap, selling on the news, buying on the news, reevaluating their position and the prospects of the company, down dow day, evaluating the Asia effect on semis - all this is going on - but nothing abnormal for after earnings are reported that meet expectations.

I am guessing that there is a fund or two waiting for this action to play out so they can buy in as low as they can get.

IMHO I am long on this one so short moves do not bother me much.
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