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Technology Stocks : OCCF: Optical Cable Corp

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To: PHIL L. FARRA who wrote (387)2/18/1997 12:25:00 AM
From: hui zhou   of 545
 
Occf caught my attention on Friday. Friday is a down day to NASDAQ big cap. The commuincation equipment makers continued weakening while OCCF pumped up 1.875. I put up a limit order at 15.25. After it reached a high of 16 it made a retracement and my order was filled. I don't have the knowledge of what their business is going on. I knew OCCF was a high fly stock last year. Will history repeat itself? Also notice the small cap Rusell 2000 index, and Mid cap S&P 400 index was gaining ground Friday while other indices are all in red. Does MM start shift thier money to small and mid cap stocks, such as OCCF from blue chip' s, such as INTC and MSFT( both are in sideway now)? Looked at the recently run up in heavily shorted Yahoo (stock doubled in a month), I will not be surprised to see OCCF 's short term big gain.
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