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 : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?


To: michael piegza who wrote (8108)12/3/1997 2:08:00 PM
From: SJS  Read Replies (1) | Respond to of 21342
 
Might this be affecting us?

From briefing.com:

More trouble for the tech sector to deal with as Merrill Lynch is downgrading telecom. equipment stocks, Ericsson and Nokia, to neutral from strong buy on concerns over slowing revenue growth... Other members of this sector falling in sympathy as telecom. equipment makers are among the worst performers today.



To: michael piegza who wrote (8108)12/3/1997 3:25:00 PM
From: Trey McAtee  Respond to of 21342
 
michael--

it appears that yesterday was not the bottom. i dont know about the volume, but i think it is a bullish indicator. if there was a real sell off in the stock, volume would be higher and the price would drop much faster. however, it appears that the number of shares for sale is dwindling rapidly. we should have upward movement tomorrow. just keep your fingers cossed that the tech sector picks up. this entire situation is BS, as far as the ENTIRE tech sector going down.

FWIW.

good luck to all,
trey