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Technology Stocks : ADSP - Ariel -- Ignore unavailable to you. Want to Upgrade?


To: Chris land who wrote (1403)11/25/1999 3:41:00 PM
From: Jimmy Dell  Respond to of 2263
 



To: Chris land who wrote (1403)11/25/1999 3:41:00 PM
From: Jimmy Dell  Read Replies (3) | Respond to of 2263
 
Yes, This is a stock out of control. It's got a QCOM kind of thing going for it. And its product relates to wireless, remote internet, digital, Linux, Windows NT - all the hottest things. Its peers are Lucent, Cisco, and Ascend, but ADSP's product is significantly less expensive than those company's products. And now it has worldwide certification. Ariel's amazing PowerPOP architecture is key here. Many shorters got severely burned in QCOM because QCOM developed an out of control hysteria. I see the same phenomenon happening here.



To: Chris land who wrote (1403)11/25/1999 3:43:00 PM
From: arpad toth  Read Replies (1) | Respond to of 2263
 
Chris!
Resently EWEB did the same thing, up afterhour to 8, and open the next day at 6 1/2.
arpad



To: Chris land who wrote (1403)11/25/1999 6:52:00 PM
From: LTK007  Respond to of 2263
 
anything can happen,Chris,but it has not been uncommon for a stock in which virtually its entire float changed hands between 9 to 10 will have those traders sell heavily into a gap-up at the open--to counter this you need a very heavy volume of buyers,but given that we are into the 1/2 day Friday event of last year,you could be right,and the final wild gap up won't occur until Monday morning---i was holding NAVR from 5 points,it ran to 18 on friday and then gapped to
28 on monday,i made the mistake of not selling the gap,and ended up dumping at 15 it fell so fast:( Max-- but bottom line,this stock is ,as you say,out of control---i will watch with interest---the news however behind this move does not warrant this---i am with the shorts on this one.



To: Chris land who wrote (1403)11/25/1999 6:59:00 PM
From: xcr600  Respond to of 2263
 
Chris, this thing went nuts afterhours because of the mention on CNBC. Just ISLD traders running a stock in a MM free environment. Easy for daytraders to push it. Plus the combination of the holiday w/traders looking for something to play.

Watching ISLD during the day was a different story. It looked like a forced march into an ambush by the shorts. When the stock would retreat at times, fake bids of 5k and 10k (always an 1/16 or 1/8 below best bid) would appear to hold it up. Once the daytraders jumped back in, the bids disappeared and huge sells showed up. This was MM's flashing bogus bids to keep the stock up so they could short more. Hence the huge volume and a relatively narrow trading range.

I tried to short more afterhours when it hit 17 but shares were gone. Not only that, I was rejected at 4 other brokerages during the day. Yamner was the only one I could get a borrow at.

I say it opens sub10, but would love to see 20. <g>

Tony, btw, Kinnard is a little local brokerage that was recommending TOWV down to the bitter end. Anyone find TOWV's ticker now??? Kinnard has also had some really lousy rec's in the past. Lot of crap that goes sub 5.

x