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

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To: marie fouchia who wrote (208)12/10/1996 5:05:00 PM
From: Zeepascal   of 1472
 
If you guys would like to provide a technical analysis of RSYS I would like to hear it. For several days now the stock bounces higher at the open and then closes about a point and a half below the previous day at the low for the day. Volume has been significant so it makes me wonder who bails out at the end of every day. It does not seem quite random enough to me so if someone has a level 2 or 3 Nasdaq screen maybe they would be nice enough to tell us about the trading pattern (if someone is selling some market stuff at the end of the day to depress the closing price). I think all stocks will be down significantly tomorrow morning on the basis of the PPI. The short-term fate of RSYS will depend on this quarter's earnings announcement. Is there some seasonality to their revenues? I hope Cabot doesn't issue a sell in the next few days since his 20% loss limit is fast approaching.
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