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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?


To: Kevin who wrote (12394)12/17/1998 1:09:00 PM
From: Rob  Read Replies (1) | Respond to of 14577
 
Probably a good call. It has pulled back to 6 3/8 briefly at the tail end of the lunch hour, but the 1/2 bids are back as of 1:05. Really good. FWIW, today's move shouldn't be mistaken for one of those internet squeeze-type moves. This is a liquid stock and the short interest has been drying up over the last couple of months. Strong hands are coming back into this thing, perhaps betting on the new CEO, perhaps on this once-pending deal, etc. That's great for the investors on the board. Once the 7 resistance is broken over the next few days, this thing goes north. Good luck. I'll try to stay posted on the CNBC tidbits for the retail traders. Good luck. Rob