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Technology Stocks : ISSI a great opportunity -- Ignore unavailable to you. Want to Upgrade?


To: Patricia Smith who wrote (956)3/25/2000 10:32:00 PM
From: John Chapman  Read Replies (1) | Respond to of 1058
 
Lets hope it pays off for you this time. If and when it starts approaching 40, I would watch out for profit taking. Since 40 is the current target of an analyst, it could be the target of many others as well. In fact, I will probably sell into strength at 39, unless it breaks down before then and I will sell. There was some institutional selling, 20k shares, Friday and Thursday saw mostly buying, but some selling. That seems to have been typical for the last few quarters. Some want out and a few more than that want in. Net purchases is positive for past quarters. So it is a bit iffy at this point. We need more support from the big guys. Maybe more funds will catch wind of ISSI and jump in (SOON).

INTC was strong after hours Friday and techs in general are trying to take the lead again which should help us next week.

I sell too fast for fear of being burned like XICO did to me when I first started. A large profit turned into a big loss. Since then, I sold QLGC several years ago in the 40's. There have been several splits and it is like 140 now. Makes me sick to look at the price. Back then they were just bringing to market the fastest hardrive controllers. ISSI has the fastest memory. Kind of similar stories maybe.



To: Patricia Smith who wrote (956)3/28/2000 5:54:00 PM
From: John Chapman  Read Replies (1) | Respond to of 1058
 
Institutional Buying Indicated - see thomsoninvest.net

Seven trades today 10k or larger. Best B/A immediately before trade time. Make you own conclusions if trads were buy or sells.
2:17:31 12,500 @ 30 7/8 (30 3/4 x 31 1/s)
3:26:54 10,000 @ 31 3/s (31 x 31 1/8)
3:54:57 17,500 @ 31 (31 1/s x 31 1/8)
3:55:01 23,500 @ 31 31 1/s x 31 1/8
3:55:09 20,000 @ 31 1/8 (31 1/s x 31 1/8)
3:55:15 26,800 @ 31 1/8 (31 1/s x 31 1/8)
3:59:06 10,000 @ 31 1/8 (31 1/s x 31 1/8)

IBD Institutional Sponsorship rating for ISSI today was an A