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Technology Stocks : Wind River going up, up, up! -- Ignore unavailable to you. Want to Upgrade?


To: docsox who wrote (5806)7/9/1999 3:08:00 AM
From: Richard Habib  Read Replies (1) | Respond to of 10309
 
FWIW watching real time last two days their were interesting moves. Day before when it spiked there was obvious institutional buying interest that hasn't been present for a while. In the 18's there was strong supply as at least one institution took the opportunity to sell. It would make sense to me that that would have been H&Q getting their clients out before their public downgrade today. Today though looking real time (Although I had to split my time between Wind & Apple) there was pretty solid block buying going on and on Thomson, institutional buying interest was strong. I can't give a definitive answer as to what was going on but I'm not that uncomfortable with my position in light of the block buying and institutional interest last two days. That taken with Jerry's response probably indicates this is a buying opportunity although the chart's a bit broken down and the stock could drift between here and it's last low in the 12's. Rich