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 : TLAB info? -- Ignore unavailable to you. Want to Upgrade?

To: Craig A who wrote (4687)	1/5/1999 6:22:00 PM
From: John Carragher	Read Replies (1) \| Respond to of 7342

Craig the speech must be over by now. I wonder if there was a Q. & A. afterwards...

To: Craig A who wrote (4687)	1/5/1999 6:23:00 PM
From: Danru	Read Replies (1) \| Respond to of 7342

Can those of you with INSTINET---PLEASE keep us posted on the after hours trading--that info might give us a clue about tomorrow?---thanks in advance! Dan

To: Craig A who wrote (4687)	1/5/1999 6:31:00 PM
From: Doughboy	Respond to of 7342

That press release sure splashed some cold water on things. If there was a takeover in the works, there's no way that the company would have sent out a press release saying "no news." The only proper (legal) response is "no comment" when material events are developing. I'd guess that we backtrack a good 5-7 points tomorrow. We'll have to wait for after the earnings report to hit the 80s. Doughboy.

To: Craig A who wrote (4687)	1/5/1999 8:53:00 PM
From: Chuzzlewit	Respond to of 7342

If you read the statement carefully, it doesn't say that they don't know why the stock soared. The article says: "We have made no announcements," a company spokesman said. "I haven't seen anybody make any announcements about us." That is the sorriest excuse for a "we know nothing that would account for today's trading" statement I have ever seen. That's really kind of a "no comment" because the spokesman simply says (s)he knows nothing that was announced publicly that would account for today's trading. Methinks there is more here than meets the eye, especially in view of yesterday's action and the action on options expiration day (Dec 18). I'll bet that talks hit a snag that day, and they hit another snag yesterday, and things got resolved today. TTFN, CTC