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 : Power Integrations (POWI) -- Ignore unavailable to you. Want to Upgrade?

To: RB Smith who wrote (62)	7/7/1998 7:08:00 PM
From: Dave564	Read Replies (1) \| Respond to of 449

I think he meant that the market makers are acquiring shares to sell later at a higher price. Not acquired as in a takeover by another company.

To: RB Smith who wrote (62)	7/8/1998 1:57:00 AM
From: Street Walker	Read Replies (1) \| Respond to of 449

Its at support right now. $8 was the IPO price. It had a nice run up and then tanked with the ASIA crisis. Within this, they had a good earnings release. Sorry for my verbage on "acquiring". I mean that when I see huge volume of shares trade without affecting the price, this is a sign that an institution or a market maker believes it has potential. Back in June, a share lock up ended that allowed up to an additional 3 million shares to be sold by institutional holders. Some of them may have taken their profits, while others have be buying up shares (its important to understand block trades - there is a buyer and seller and they work a deal with the mm to make the trade sometimes below the bid - a price break - agreed upon price for a large transaction. This was going on particularly last Friday.) I called to find out their earnings report. Later on, I'll post to the SI EARNINGS thread with a glimpse of the company, so please no one beat me to it! (earnings will be posted July 22nd after the close). Let us buy before everyone else catches on, okay? I'll post to the EARNINGS thread in the next week. Plenty of time for more dd before a massive rise. On Level II, there is strong support at 8 1/2 if anyone would be willing to sell there. A valued price would be day orders set around 8 11/16 - 8 3/4. No market orders plzzz. We don't want to run the stock up on ourselves while we are trying to buy piece by piece. EARNINGS: - always tricky. if they beat the street, the price will go up, if they miss, the stock will go down unless they use clever verbage in the report that gives a glimpse of strong orders and future. I've seen companies beat earnings, yet the stock falls because they say some bad things in the earnings release. My bet is that they will paint a pretty picture - (lots of back logged orders). Has everyone read the upgrade article? Worth studying if you're going to invest. My views come from that write-up. Bo pasted it on another thread - where I learned about it. #reply-5098608 Regards, S.W.