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Technology Stocks : ANTEC Corp. (ANTC) -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Tang who wrote (676)9/28/2000 6:57:41 AM
From: Arthur Tang  Read Replies (2) | Respond to of 847
 
I am glad, finally the window dressing deadline is almost over.

Traditionally, funds discard the losers and buy into the winners at the end of the quarter for window dressing. This may have accounted for some of the market makers' strategy. However, due to the lack of number of stockholders, changes in institutional holdings are difficult to find out until much later. SEC 13a/d report has 30 days to file.

If the support is retested, and the same institution(s) should attempt to buy back after 30 days; we are looking at a breakout around November at the earliest, provided ANTC does not fall short of earnings projection. Whether shorts will be reduced based on profit taking then, is a good question to answer?

If the pull back was strictly an opportunity for bottom fishers; then Warburg had a losing strategy to buy back some shorts? It is time to execute nice moves to buy back stock from profit takers. Does Warburg know how to execute? If not, they might ruin this stock and we will see more severe pull back yet to come; creating the best hopes of bottom fishers, a true dream bottom for an entry point.