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 : PMC-Sierra (PMCS) -- Ignore unavailable to you. Want to Upgrade?


To: SJS who wrote (2845)10/9/1999 9:49:00 AM
From: DownSouth  Read Replies (1) | Respond to of 3818
 
Of course its manipulation by the houses. I used to believe "the market" was an invisible hand, but I no longer believe that. Especially with relatively small niches like comm ic where the retail market does not really understand the industry.

The good news is that today shook out the weak hands and gave comm ic its own pre-emptive correction. This will soon be forgotten, especially as the houses scoop up discounted shares and we move on up from here.