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.

Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (517)	1/17/2003 12:21:24 AM
From: Jibacoa	Read Replies (2) \| Respond to of 1404

DFIB Sergio: Although today's C of 2.38 was below yesterday's C of 2.42, today's intra-day H was above yesterday's and its intra-day L was not only higher than yesterday's but also remained above the Jan.14 H and the present S line average. At present the PSML averages are on the right sequence on the daily chart:2.38 2.26 2.17 & 2.13 On the weekly chart the L average is still above the others and the stock needs to close above its Nov.25 H of 2.64 before it can test its June 28 H at 3.98 (The December H at 5.79 looks somewhat far at present and of course if the stock can get to test it it would be a nice % gain from present levels.<g>)The PSML data on the weekly chart: 2.38 2.21 2.15 & 2.51 Today's volume of 539,600 was less than yesterday's but still more than 2x its recent daily average.(Although not much compared to 1.18M on Nov.25 or 2.18M on Sep.5 <g>) Today's drop wasn't that much considering the general market and people selling after yesterday's news of the sales to Taiwan.(As you know some people buy on the rumors and sell on the news.<g>) DFIB has had a good % gain on reported revenues in good part related to the Survivalink and Artema acquisitions, but in spite of improved gross margins, the absence of $1.5 M in inventory writedowns and $1.4 M in asset impairments and lower R&D costs they still still have been showing red ink. It is in its favor that the insiders hold more than 50% of the shares. (Institutions also hold around 50% of the float, but reportedly have done some selling lately.)The short position isn't too large (around 4% of the float)The float is around 30M Any reason for you to have a particular interest in the stock ? siliconinvestor.com siliconinvestor.com bigcharts.marketwatch.com RAGL Bernard