SI
SI
discoversearch

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 : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?


To: Tech Watcher who wrote (4684)10/19/1998 4:03:00 PM
From: Tech Watcher  Read Replies (1) | Respond to of 6565
 
Must be a sharp specialist making a market on this one!

I've been watching trade by trade for the last hour. People trying to buy 100 shares at market are raising the ask. 10,000 to 15,000 share blocks are passing at the bid but the price keeps going up. Like clockwork, another 25,000 shares will cross 1/8 to 3/16 above the ask. It's like someone isn't trying to get the best price for what they're buying. They're just trying to get the price up. I can't believe how many shares are being sold at the bid, but the price keeps going up!

I definitely missed the short-term top this time. Any news or even rumors out there, or is the company just buying back shares higher than they have to.

- Tech Watcher