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


To: Noblesse Oblige who wrote (1635)6/2/1998 2:34:00 PM
From: Noblesse Oblige  Read Replies (1) | Respond to of 3247
 
To the "thread,"

Thank goodness...a day with no serious "excitement."

It is now 2:30 PM (Eastern time), and TFS has traded just over 50K shares.

Most of the volume was early in the day, with what appeared to be only one seller of note. The stock looks like it is "drying up" at this level, and I am tempted to say that we have already seen the bottom of the move. It wouldn't take much to put the stock back up into the 16's...which, while still a long way from the 19's, isn't a stone's throw from the 13's, either!

Anyway, if there are no block offerings for the rest of the day and into tomorrow morning (which might be the final day of margin call alerts following yesterday's debacle), I will come to the conclusion that it "is all over except for the shoutin'."

Have a good day, everyone. All we need now is a couple of public pronouncements on new production orders or the timely shipping of old ones.