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Technology Stocks : XIRCOM (XIRC) 5/16/95 @ 16-1/8
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To: Zeev Hed who wrote (984)4/9/1999 1:47:00 PM
From: peter lo  Read Replies (1) of 1096
 
Zeev, If they chose not to comment, that is the result we get. Did you read AVTC? Most companies defend abnormal stock behavior. If the company has problem, the company nothing can do about the stock decline. Did you remember the XIRC drop from $33 to $7 in very short time two years ago, I sent e-mail and called to request them to do something to defend the stock decline. They did not want to do it. Later, everybody found out the company is in the trouble. There were big inventory build up in the distribution channel. In that case, I can understand they did not want to commit anything to the stock behavior. But now I do not think that is the case. If the company is in very condition, the company should defend their stock to stop the short sellers and the stock manipulation. Otherwise, nobody will touch or invest this kind of stock after two times of this kind experience.
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