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Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here? -- Ignore unavailable to you. Want to Upgrade?


To: dfloydr who wrote (1607)6/1/1998 3:58:00 PM
From: Noblesse Oblige  Read Replies (3) | Respond to of 3247
 
Hi D Floyd...

You might consider the possibility that the sales today are *forced*, that is, margin related.

I have seen some such selling in other securities that I would categorize as "irrational" (for example, I have a relatively small position in a speculative stock which has no debt, $ 2.50 a share in cash, some interesting technology despite disappointing recent earnings, new product introductions coming in about one quarter, and the shares are trading at roughly a point above net *cash* !!!).

All in all, a horrendous day.

Again.