Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem -- Ignore unavailable to you. Want to Upgrade?

To: r. c. cummings who wrote (629)	6/29/1998 3:50:00 PM
From: Christopher Brainard	Respond to of 1540

Randall, Believe it or not, I think there is a buyer in the stock. Trading today has been between the bid of $29 and the ask of $29.625. The market makers are working what looks to be a good sized buy order. If there was not a buyer out there, large blocks sold into this market would have forced the stock down quit a bit. I am guessing the company received some market interest from their recent two NYC presentations. These new buyers know they have about six weeks to establish a position before 4th quarter earnings are released. We could move higher from here as the earnings release date approaches. Just MHO! Chris ....

To: r. c. cummings who wrote (629)	6/29/1998 4:50:00 PM
From: Christopher Brainard	Read Replies (1) \| Respond to of 1540

Yes, Randall, todays trading pattern was very positive indeed!! Three times during the day side by side block trades took place (10,000 shares, 15,000 shares and 5,000 shares). I view side by side trades (two trades of equal size at slightly different prices) as buyers ready to purchase all available shares coming to market. Last time I saw this pattern develop on a stock (PLAB about 1 year ago) the price shortly broke out and ran sharply higher. If this pattern was to continue for awhile longer, I would get really excited about SBSE. Right now I am just very happy to see this develop on my largest holding! Chris .... Hey Clay!! Looking good!!!