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 : Applied Magnetics Corp -- Ignore unavailable to you. Want to Upgrade?

To: Spots who wrote (11567)	3/24/1998 3:28:00 PM
From: Frodo Baxter	Read Replies (1) \| Respond to of 12298

It's a dead cat bounce all right. Looks like a lot of short covering on high volume. Once that's over with, look for continued decline.

To: Spots who wrote (11567)	3/24/1998 3:33:00 PM
From: Bosco	Read Replies (1) \| Respond to of 12298

I agree that this doesn't look like an usual DCB. APM and other DD stocks may retrace a bit after they are out of stream, but it seems to be more a reversal, especially if one is considered that what could be interpreted as bad news. Of course, if there is more bad news to come, or a general market downturn, they may fall again, but it seems that WS is ready to do its sector rotation routine. It is not just DD stks, but networkers (BAY) and semi (MU) have all turned up after their respective news b/c WS decides to look forward rgds Bosco