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Technology Stocks : Dallas Semiconductor: Time to Buy -- Ignore unavailable to you. Want to Upgrade?


To: B.G. Galbraith who wrote (116)4/9/1998 12:29:00 AM
From: Jesse  Respond to of 160
 
Hmmm. I saw that announcement as well. Wish I knew
what it meant also.

Anyway, if there's any indication on where the stock's
going to go, First Boston upgraded DS to a Strong
Buy two days ago (Monday). Good luck to all.

-Jess



To: B.G. Galbraith who wrote (116)4/15/1998 8:15:00 PM
From: Toby Zidle  Read Replies (1) | Respond to of 160
 
B.G., here's a quick explanation. DS is traded on the New York Exchange (NYSE), which closes for trading at 4 p.m. ET. Just because NYSE is closed, however, doesn't mean you can't buy or sell the stock. Trades will often occur on the Pacific or other exchanges with later hours or via Instanet, a computerized market.

When shares are unavailable for after-hours trading, generally there is a large order imbalance (too many buys or sells) to be resolved before a trading price can be agreed upon. It's also possible, as in the announcement you quoted, that a news story is pending and no price can be agreed upon until the news is released.

This is a bit of oversimplification but I think you can get the general picture.



To: B.G. Galbraith who wrote (116)12/8/1999 12:27:00 PM
From: B.G. Galbraith  Read Replies (1) | Respond to of 160
 
Yesterday I received proxy paperwork from DS. Looks like they are going to more than double authorized common shares at the next stockholders meeting. Get ready for a split announcement in January.
BG