SIEB Siebert Financial Brokerage Message Board

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Technology Stocks : SIEB Siebert Financial Brokerage

SIEB 2.740

-1.8%

Nov 3 3:59 PM EST

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To: Gutterball who wrote (244)	4/15/1999 6:32:00 PM
From: Sun Tzu	Read Replies (1) of 284

SIEB is a buy at 35. I don't want to give stop points, because if a lot of people follow it, the market makers can gun the stops easily. Anyway, it traded mildly up in after hours and went above 40. CNBC made two general points tonight. That the drop may have been due to tax day, and that OLBs are growing too fast to ignore. I went back and checked for a few years. In years where late March and early April have been up, the tax day (give or take a couple of days) has been in the midst of a sell off, only to recover by the end of the month (I am talking about Nasdaq here). My guess is that tomorrow should be an up day. ST

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