Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Tekelec -- Ignore unavailable to you. Want to Upgrade?

To: Andre Daedone who wrote (1180)	11/24/1999 10:30:00 AM
From: John Curtis	Read Replies (1) \| Respond to of 1648

Clearly it's being "managed", eh? Heh! Anyway, it appears they're doing what they did approximately one month ago. That is, after option expiration week they then take TKLC on an unrelenting downward slide of ~20%. After they accomplish this task the equity is then turned around and moved higher. So without benefit of nary ONE piece of bad news(unless something is in the offing which we just haven't seen as yet, ahem), I figure the institutions are setting TKLC up so they can take another slice. In anticipation of this I just bought another "trading" type block in the $15 1/4 range, and have another limit buy in at ~$14 1/4, just in case "they" decide to take it down a full 20% from the recent high area of $17 1/2. Let's hope I ain't exercising one of my more stupid moves. ;-) John~