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Technology Stocks : Vishay Intertechnology -- Ignore unavailable to you. Want to Upgrade?

To: Labrador who wrote (250)	6/10/2000 9:34:00 AM
From: AnnaInVA	Respond to of 384

Some big blocks were purchased at 73. Monday should be interesting.

To: Labrador who wrote (250)	6/10/2000 9:18:00 PM
From: Labrador	Read Replies (1) \| Respond to of 384

I received a number of private emails regarding my post #250. Specifically w/r/t false sell orders. If you watch the bid/ask on VSH over the past couple of trading days, you'll see sell orders for 25,000 shares, 15,000 shares, etc. on the ask side, e.g., bid $70 -- 300 shares, ask $70.50 -- 25,000 shares. Retail investors who see this get scared, thinking that an institution is trying to dump a large number of shares. The retail investor then sells their shares, or at least refrains from buying shares. What then may happen is that the stock moves up to say $70-5/8, and the 25,000 shares never traded. Volume remains lights. The person(s) removed their sell order for 25,000 shares. Then you'll see it pop up again as a sell order, say 15,000 shares at $71. Again, those sell order shares, never trade. This pattern and tactic has a tendency to drive the stock down. Someone is trying to drive the share price down. I believe that it is accumulation of shares, as the selling is of small share size, but the buying is of larger share sizes. In any regard, my personal view is that VSH is a winner, and they'll earn $5 in 2000. What more can we ask for?