THREE FIVE SYSTEM (TFS) - up from here? Message Board

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Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here?

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To: dfloydr who wrote (2313)	8/27/1998 9:18:00 PM
From: Noblesse Oblige	Read Replies (2) of 3247

Hi D. Floyd... Today's action in the stock was interesting, to say the least. For most of the day (first half hour excepted, when the shares dipped immediately in reaction to overseas news), the stock traded at approximately the $9 level. As soon as we got to the last half hour, the price collapsed to its present close. So, the stock lost all its ground during the first and last half hour of the day, the precise periods when the company couldn't be engaging in its repurchase transactions because of existing rules on that sort of activity. Conclusion? Today the company was in the market buying back stock and it was virtually the only buyer. It isn't a certainty, but I will bet my "read" against anyone else on the thread. It certainly looks to me as though TFS has lost its entire audience. Oh well, perhaps in 2001. Have a good evening.

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