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Technology Stocks : YURI ( YURI SYSTEM ) -- Ignore unavailable to you. Want to Upgrade?


To: h.l. meeks who wrote (154)11/11/1997 8:20:00 PM
From: BenYeung  Read Replies (2) | Respond to of 1181
 
They probably got out at 40 already with their previous load. The upgrade too is a technique for them to unload their current inventory prior to another drop.

If YHOO had an upgrade, and the price are jacked up by Market Makers by the same percentage as YURI, I bet you that people would rush in AFTER the price rise.

When I check the quotes this morning, I saw it was up 1/2 point. It was prabably the first day it had an up minute in weeks. I knew the stock will rebound at this point AND it will dip afterard, just a matter of time. However, I did not expect the upgrade (but thats brokerage houses' favorite play...I mean, you need no reasons or news to upgrade, right?)Good for the one who bought yesterday or today in the early session. And I agree that this is a great company and I would rather be on the long side.