Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : International Rectifier (IRF) -- Ignore unavailable to you. Want to Upgrade?

To: Quan Nguyen who wrote (896)	1/16/1998 10:19:00 PM
From: DanZ	Read Replies (1) \| Respond to of 1712

Now this is strange. I just read that NB Montgomery downgraded IRF from a buy to hold today. I don't recall a downgrade and an upgrade by different analysts on the same day before (except in cases where the stock made a big move after the first upgrade or downgrade). This could explain why the stock was weak going into the close. It's going to be interesting to see whether Gruntal or NB Montgomery wins the battle. I still don't think there's much resistance until it gets to 12 1/4 to 12 1/2 and the short term momentum is up right now. Dan