SI
SI
discoversearch

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 : NUKO INFORMATION SYSTEMS -- Ignore unavailable to you. Want to Upgrade?


To: Bill who wrote (3099)10/27/1997 4:29:00 PM
From: Johnathan C. Doe  Read Replies (1) | Respond to of 3509
 
Well, NUKO was one of the very few tech stocks that was up for day; HOW ABOUT THAT! I don't think anyone is going to say, "Didn't NUKO hold up well today"? I sure hope they don't. It just shows that nobody is left in this stock to sell it.

I don't thinking the selling in the market is over yet, but we might get a sucker bounce before it goes down farther. I figure we are going to get a 20% correction out of this at a minimum.

I would highly recommend that anyone still in NUKO watch VSVR and buy it if it cracks under 10 and sell your NUKO to buy the VSVR. You will have a good chance to recoup some of your losses at least with that strategy.

It doesn't look like the microcaps felt much of this day today. I was amazed at the action. Take a look at what happened to some of the stocks that are already clobbered, take a look at DATM and SPTR, today and last week. I thought GEMS held up well. HLIT looks to be a bargin. COMS might come down lower. ASND, that looks to be weak given the Cisco outperformance news today. CUBE and VNTV, they are moving into a buying area for me if they hit the teens. For the momentum trader, watch UNPH. It was down about 17 points today and in a correction could make it down to the 30's. I would like to own it at that point. Upside is tremendous when buying comes back. UNPH is a trader's paradise. Haven't looked at Wind River, but that has been a good stock to watch during selloffs in the past.