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Technology Stocks : APSG - Applied Signal -- Ignore unavailable to you. Want to Upgrade?


To: Burlitis who wrote (637)12/19/1997 11:40:00 AM
From: Robert K. Schott  Read Replies (1) | Respond to of 884
 
Alex:

You're right. The last I looked the stock was down over a point on just over 40K volume. The MMs jerk this issue around much too much on such small volume. It's not a penny stock. The company just came in with $.91 in earnings, and with great growth to boot! Let's try to remember that. Banging this stock down far in excess (as a percentage) of the overall market is rediculous. ONE MORE TIME, ALL, APAG is NOT dependent on overseas growth, and is FAR less economically sensitive than most issue. Therefore, it should be well outperforming the market, not underperforming. Also, it is not already selling at some crazy multiple! Tell the MMs, "hell no!"

best regards



To: Burlitis who wrote (637)12/19/1997 1:33:00 PM
From: Mark  Respond to of 884
 
Alex - it looks like the big boys are now starting to take an interest.
There was a single buy for 15k+ shares just after noon, at just under $12.
Daily volume is approaching 200k (ave is 130k). The low so far was a
mere $11 1/8 ! I don't think we'll now see $11 again.

Mark