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 : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Thomas G. Busillo who wrote (31292)	3/26/1998 10:03:00 AM
From: John Graybill	Respond to of 53903

>>yesterday's action was probably tied to strength in the $SOX on the set-top box deal for MOT and the new Goldman guy starting some of the gear players. The Goldman init was out before the market open and the graphs reflect it, as well as the characteristic patten of the rest of the market -- gap-up open, flat for a while, big dump starting at 1:45, some recovery toward the close. AMAT, NVLS, LRCX, UTEK all look this way. Same deal with the $SOX -- MOT, INTC, TXN, LLTC all have the same pattern, and then I stopped gathering data. MU was truly on its own yesterday. BTW, check out a 5-day graph of AMAT -- there's a clear panic to buy the stock the day before the upgrade. Goldman really needs to be a little more careful about leaking their information to college buddies, cousins, etc.