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To: tekboy who wrote (3398)8/2/2000 6:29:11 PM
From: Dalin  Respond to of 10714
 
Nope...88!! Darn.....one of those easy 4 point swings in after hours, and i missed it.

:0)

D.



To: tekboy who wrote (3398)8/2/2000 6:39:14 PM
From: Jill  Read Replies (1) | Respond to of 10714
 
I'm probably going to join you tomorrow and buy some calls, not sure which strike yet.



To: tekboy who wrote (3398)8/2/2000 11:02:47 PM
From: Lynn Goodman  Read Replies (2) | Respond to of 10714
 
IBD on CREE:
I compared the June 6, 2000 IBD rankings on Cree to the August 1, 2000 rankings (sponsorship ratings are only shown on Tuesdays, that's why those particular dates, otherwise I just wanted to see if anything had changed over time to indicate why the drop in stock price). It turns out that everything stayed constant except the "accumulation/distribution rating," which fell from "B" to "E" in that approximately 8 week period. The "a/d rating" tells you if a stock has been under accumulation or distribution during the preceding 3 months, based on IBD's proprietary measurement of price and volume change. "E" is the worst rating a stock can have, and the move from "B" to "E" in 8 weeks is a sharp one.

I compared a number of the other G&K stocks as well, and nothing came close to this kind of distribution signal. (Note, however, that Siebel dropped from "A" to "C," for what that's worth.)

I throw this out for comments. I haven't analyzed IBD's rating system over time for long enough to claim that the drop in the "a/d" rating means something definitive. It may be something to look at.

Lynn@yesIwasinCitrustoo.com