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Technology Stocks : KLA-Tencor Corporation (KLAC) -- Ignore unavailable to you. Want to Upgrade?


To: Street Walker who wrote (1007)3/15/1998 7:57:00 PM
From: Intel Trader  Read Replies (1) | Respond to of 1779
 
Don't know where ya get that street walker. Friday's low volume, afternoon sell off was IMO mainly due to traders exiting for the weekend. Had there been further weakness, I suspect that we may have dropped a couple of points below the closing price. KLAC is currently oversold. The fact is that KLAC did not drop under the $38 level, and there is solid support there. Depending on this week's market conditions we may see the $45 area.

it

(I'm long KLAC at 38 5/8)

PS: you're a short, aren't ya : )