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Technology Stocks : ATLPA: Odetics spinoff and IPO -- Ignore unavailable to you. Want to Upgrade?

To: Hogs who wrote (525)	5/15/1998 7:22:00 PM
From: gmccon	Respond to of 576

What's this, a communication? :-) I didn't think anyone posted here (except me and Carmine). Hogs, I've watched this one since earnings, and got in way to late. But I got well today. The volume's back, as is the price. I knew this stock couldn't have rocketed up 25% since beating their number by just a penny a couple weeks ago. But nobody would talk about it. I know you did well here, Hogs. Congratulations. But I don't think today's volume says "announcement", Monday. It more resembles YURI Systems' one billion dollar deal with Lucent (LU) a month ago. YURI crept up to the "premium" over about a one month period on better than average volume. Coincidentally, their action started at $19, too, and the eventual buy-out price was $34. YURI never really did "pop", it just crept, slowly but surely. Some days, like the past two days here, the MM's opened the spread up and shook out shares, driving the price down a couple points. But it always got strong again and went back up. Having said all of this, please understand that I am a total rookie-trader and know not one thing about investing. So maybe there's nothing to my belief in a possible buy-out, and I just own shares in a good company. And that's okay, too. But double volume on a slow, down Market day, with a nice percentage gain, doesn't add up to "strong company" to me. Good luck, Greg