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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?


To: Chris Nevil who wrote (8424)5/19/1998 4:26:00 PM
From: Edward Leinbach  Respond to of 11555
 
1,000,000 crossed at 9 13/32

the 9 3/8 1,000,000 block was cancelled .

most likely came between bid 3/8 & ask 7/16 , hard to say since it was reported late.

226,000 block crossed at 9 1/2 ask right before close along with
22,400 at 9 1/2 .

Almost jumped in at 9 7/16 but hesitated. This could be a short term bottom ??? ( Question not Statement ).

IBM making their OWN 300 mhz plus chip doesn't sound good, but C6 has a much lower price point. Has anyone seen any specs on the IBM chip.

Looks like INTC & AMD may have a tough road ahead to meet current analyst earnings projections. IBM will can produce alot of chips !!



To: Chris Nevil who wrote (8424)5/19/1998 4:31:00 PM
From: BigBull  Respond to of 11555
 
Saw the same thing with CY a while back @ 8.375, it marked the exact bottom. Complete blowouts sometimes take out a lot of the selling pressure. Today some instutitutions where just blowing out stock no matter what. Climax bottom?



To: Chris Nevil who wrote (8424)5/19/1998 10:25:00 PM
From: 5,17,37,5,101,...  Respond to of 11555
 
Just about every day's been ugly for some time. Jackson <eom>