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.
Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (23988)10/15/1999 12:21:00 AM
From: Suresh  Respond to of 67983
 
Hi Clint,

>>when you ask them what to buy they mention csco, msft, intc...!

Yep... valuations are getting out of line with that line of thought. 1996 was atleast logical in terms of reaction. Yesterday night I sweated out my position in EMLX thinking that it will be taken to slaughter house today but I was pleasantly surprised when they gapped the stock up by 10. I never knew that analysts count non-operating income to justify high valuations. It is silly.

BTW...some thing to think about... unit growth of INTC in the current quarter was very strong but MSFT still hasn't benefited from that news. Makes me wonder if the evil empire has lost its magic with the street.

Later,

Suresh



To: Clint E. who wrote (23988)10/15/1999 10:57:00 PM
From: Suresh  Read Replies (1) | Respond to of 67983
 
Hi Clint,

on a bad day... some of the point gainers with more than average volume;

Companies which reported better than expected earnings;


Symbol Last Chg Volume Avg Vol Day's Range 52-week Range Open

SUNW 92 9/16 +3 5/32 28,666,700 9,451,045 88 3/4 95 1/2 21 13/16 99 7/16 90 1/2
VNWK 39 5/8 +3 5/8 645,400 305,909 33 3/4 40 22 1/2 46 3/8 34 3/4
MIPS 30 1/8 +3 3/8 3,518,100 261,045 27 1/8 34 15 1/4 69 27 1/2
VRTS 91 3/32 +9 5/8 5,593,500 1,872,500 82 1/2 91 15/16 16 88 83
MCHP 57 3/4 +6 9/16 2,706,900 651,863 50 5/8 60 1/8 19 3/4 60 13/16 50 11/16
DS 57 1/4 +6 7/16 395,700 112,181 50 15/16 57 5/8 24 5/8 57 1/16 50 15/16
PWAV 60 1/2 +5 3/16 1,717,500 423,863 54 1/4 61 1/4 6 55 1/2 55 1/4
DIGL 10 9/16 +2 9/16 2,881,400 144,636 8 3/16 11 3/8 1 9/16 9 15/16 8 1/4
FILE 13 7/8 +2 1/2 2,542,100 402,636 11 1/4 14 4 11/16 13 11/16 11 1/4
BRCM 118 5/8 +1 13/16 5,366,300 1,864,500 112 3/16 123 31 9/16 149 1/2 118 3/8
PMCS 85 5/8 +2 7/8 3,958,800 1,441,227 76 3/4 87 14 1/16 112 3/8 81 3/16



Companies trying to reverse the correction after good earnings and rosy forecast


Symbol Last Chg Volume Avg Vol Day's Range 52-week Range Open

NVLS 74 27/32 +1 31/32 2,471,700 2,005,136 70 5/8 75 3/4 24 7/8 78 1/2 72
AMCC 63 3/4 +5 2,515,300 793,363 54 3/8 66 8 5/16 76 3/16 55 1/2



Momentum and reversal from couple of days of correction;


Symbol Last Chg Volume Avg Vol Day's Range 52-week Range Open

PUMA 32 15/16 +3 1/16 2,413,800 423,227 27 3/8 34 2 36 5/16 27 3/8
KIDE 59 1/8 +4 5/8 3,071,900 715,227 50 1/4 63 7/16 1 5/8 54 1/2 52 3/4
ZIXI 32 15/16 +2 7/8 1,459,000 489,409 28 1/2 34 3/8 3 1/2 90 29
BVSN 162 +7 5/16 1,729,600 746,409 142 3/16 162 1/4 12 1/8 184 142 1/4
IONA 24 7/16 +5 1/4 2,326,100 161,409 17 1/2 25 12 1/8 50 3/4 18 7/8



Others (news, pricing power, upgrade);


Symbol Last Chg Volume Avg Vol Day's Range 52-week Range Open

ZOLL 25 7/8 +3 1/4 325,400 148,000 22 1/2 26 1/4 7 32 1/2 23 1/4
MU 71 +2 7/8 9,305,300 6,844,863 65 3/4 71 3/16 28 1/16 85 67
PROX 44 1/2 +4 1/4 754,700 338,545 37 5/8 45 3/8 12 5/8 61 3/8 38 1/2
VECO 33 +8 3/8 1,317,100 271,136 24 7/16 34 1/16 24 64 1/2 24 21/32
SMS 49 +5 1/8 363,100 158,590 43 5/8 49 40 1/4 73 1/2 43 7/8
SCMM 42 3/4 +2 1/8 208,500 61,318 39 3/4 43 1/4 30 1/4 104 1/8 39 25/32



Later,

Suresh