Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Leap Wireless International (LWIN) -- Ignore unavailable to you. Want to Upgrade?

To: Pierre who wrote (1244)	2/4/2002 4:10:47 PM
From: Pierre	Read Replies (1) \| Respond to of 2737

Well, maybe this is the reason: "Analysts said the wireless sector may also be nervous about Sprint PCS' fourth-quarter earnings conference call later on Monday. Sprint PCS previously announced its fourth-quarter results, but analysts expect the company to lower its financial and subscriber targets for 2002. "

To: Pierre who wrote (1244)	2/4/2002 9:17:20 PM
From: pcstel	Read Replies (2) \| Respond to of 2737

Pierre: I guess we finished up for the day! I saw the CNBC ticket go by and sure enough. $10.90 host.wallstreetcity.com Been watching the open on this stock. Without fail. It opens with a 40 to 50 thousand share Market sell. Pushes the share price down 50 or 60 cents in the first few minutes. Sets up a day of lower priced accumulation from the panic crowd. Today. We opened at $10.86 and in 3 trades and 32,000 shares later we were at $10.11. All 3 trades sold at Market!! I mean who sells that many shares that fast at the open when buy side share liquidity is usually lower than normal? Someone selling a block of 5,000, 8,900, and 17,800 should have a little patience on the sell side! Not MARKET! IMO. PCSTEL