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Technology Stocks : CYRIX / NSM
NSM 18.270.0%Jul 31 5:00 PM EST

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To: Stormweaver who wrote (32042)5/5/1999 3:38:00 PM
From: tejek  Read Replies (2) of 33344
 
I agree.....i saw this same sort of scenario setup with adpt; large company with a very depressed stock price. When it finally broke to the upside, it gained nearly 10 points in a short period of time.....for us that would be $10 to $20 for a price. I think there is enough good news and subsequent upgrades to take it to $20 in the short term. And i also agree there has to be a lot of institutional buying with 22 million shares having crossed hands; and today was a down day for most of the day. And i bet the markets' turnaround in the last hour continues to play out tomorrow, giving another boost to buying. Then again i could be wrong.....how's that for guidance......i should have been an analyst (i am afraid that was a bad attempt at a joke)..

ted
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