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Technology Stocks : Finisar - FNSR -- Ignore unavailable to you. Want to Upgrade?


To: VIXandMore who wrote (91)4/7/2000 10:25:00 AM
From: Holyman  Read Replies (1) | Respond to of 509
 
Interesting to see if FNSR will break under $100 today. As the secondary pricing was set at this figure, investors seem to place limit orders at that price, considering the market allows the price to fluctuate above $100. Dilution of earlier institutional price (around $7-$8) took place yesterday. So, unless the market is down today, and if history is any guide, we will see FNSR gravitates around $100 -$103 in the morning and move upwards in late afternoon.

Come Monday, with no major economic report, we would expect FNSR to move up prior to the split.

God bless you all.