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Technology Stocks : Micrel (MCRL)

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To: Adelantado who wrote (161)12/3/1998 8:22:00 AM
From: Anaxagoras   of 268
 
Yeah, not only is the volume missing, but there's not been any sort of consolidation in a price range for more than a few days, so both of these factors suggest to me that we don't really have a breakout. But the kind of selling going on now, i.e. tax loss selling by small individual investors (tax loss selling for institutions already happened weeks ago) isn't going to affect MCRL since no one is sitting on a loss.

Hey, great company, but for selfish reasons I hope it will come down a ways.

Good luck on your $50 price target.

Anaxagoras
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