SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Night Writer who wrote (4344)9/23/1999 5:00:00 PM
From: Mao II  Read Replies (1) | Respond to of 12663
 
NW: Well we cant say we didnt have fair warning. We bounced yesterday but today's follow thru was weak. ANd then Steve "The Bomb" Ballmer dropped one on us. I would not expect much if any support tomorrow. If we are in for serious multiday sliding, there will be a savage bounce at some point. But when?? That's the 64 dollar question. M2
PS I just looked at TLAB chart. You've got 200-day ma at arnd 53-4 and some fairly substantial support @55 going back to May. In a serious downdraft, it is unlikely these would hold, in my view. But what would? Most buying activity in TLAB took place right at its current level. So a lot of folks are gonna be sitting home and wondering whether to hold it or not. Well there's your Maginot Line. Der Bunker is ready no matter what. M2