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Technology Stocks : Aeroflex (ARX) -- Ignore unavailable to you. Want to Upgrade?

To: Kerry Lee who wrote (413)3/18/1998 11:17:00 PM
From: Harry Ehrlich  Respond to of 586
 
Well, I was relieved to see the stock come back today. But a review of the chart this evening made me a bit nervous. Today's bar forms the "Hanging Man" in Japanese candlesticks.

I was following several positions today and not carefully watching volume. I believe most of today's volume was selling, but I'm not sure.

If so, a gap down in the morning will signal a reversal, leaving all of the afternoon buyers "hanging". Let's hope there is no gap down.

Harry



To: Kerry Lee who wrote (413)3/19/1998 9:37:00 AM
From: Harry Ehrlich  Respond to of 586
 
It's 9:38 and about 4000 shares have gone through at about 14. My broker still does not see a bid/ask on this one. Anybody know what's up?

Harry



To: Kerry Lee who wrote (413)3/19/1998 9:47:00 AM
From: Harry Ehrlich  Read Replies (1) | Respond to of 586
 
Just spoke to my broker. We're seeing the secondary, priced at 13. We are currently at about 13 7/8 with 1.4 million shares. The secondary is being favorably received.

Harry


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