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Technology Stocks : Summit Design (SMMT)-Another EPIC? -- Ignore unavailable to you. Want to Upgrade?


To: Andrew Furst who wrote (71)4/24/1998 6:06:00 PM
From: Andrew Furst  Read Replies (1) | Respond to of 100
 
For those who hadn't seen SMMT's intraday chart today, the stock was essentially flat over the first hour of trading (hovering around yesterday's close of $16.75 until 10:30 EST). That's why I think the "hot money" players started to bail after that first hour - because there was no movement either way, and they wanted an immediate, upward "pop". I meant to imply that in my prior message, but unless you were looking at a chart, this might have been unclear.

Thanks Claude for posting the latest analyst ratings, by the way. Great to see that confirmation.