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Technology Stocks : Credence (CMOS): Anyone out there -- Ignore unavailable to you. Want to Upgrade?


To: Tim MacLean who wrote (282)12/30/1997 9:30:00 PM
From: William L. Molair II  Respond to of 497
 
My guess is the improvement of the OTC stocks in general and an end of tax loss selling. Then again, maybe the company was buying back a few more shares (they announced earlier this month they were going to buyback 500,000 shares).

I bought this stock last year @15 and then sold 1/2 at 26 and another 1/2 at 31 - only to watch it runup to 50. Bought back in at 21.

Really think the stock can/will runup into the 30s over the next few weeks. Now that I have jinxed myself - I should probably sell tomorrow morning at 9:30!



To: Tim MacLean who wrote (282)12/31/1997 5:37:00 PM
From: William L. Molair II  Read Replies (1) | Respond to of 497
 
Nice jump again today! Don't know if we are seeing short covering, an analyst upgrade, mutual fund, or what. But, I like it!