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Technology Stocks : TSII - Precision Equip Mfg (85M MktCap) -- Ignore unavailable to you. Want to Upgrade?


To: Garlic Breath who wrote (2)8/31/1998 8:08:00 PM
From: Mark Adams  Respond to of 15
 
Well, TSII managed to eak out a 5/8 gain on 20x volume today, so Barrons impact could certainly be seen. Check back 4 weeks from now, and see if it's still trading above $6.




To: Garlic Breath who wrote (2)10/11/1998 1:27:00 AM
From: Mark Adams  Read Replies (1) | Respond to of 15
 
Well here we are, several weeks later. TSII hasn't done much, but in this environment maybe holding it's own is positive. Those guys who bought at the open after Barrons article are underwater.

I've seen this happen more times than I can say. I think in some cases the MM shorts into the demand, waiting for interest to wain before covering back at the normal range. That, or the Fund Manager who mentions sells into the strength. (as Peter Lynch has been known to do).