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 : Wind River going up, up, up! -- Ignore unavailable to you. Want to Upgrade?


To: Goodboy who wrote (3929)1/22/1999 4:41:00 PM
From: NotNeiderhoffer  Read Replies (2) | Respond to of 10309
 
Goodboy,

I think listening is a lost art.

You are right on the money. The Lehman call went out over their internal system at 1:05 and you can watch the time and sales from there. After reading the FC note they put out I can't believe they took this thing down this hard. This analyst is somewhat new to the company and I did not think he was the ax.

I guess this is what happens when the mo-mo's own the stock.

NotafanofhockeysticksNeiderhoffer



To: Goodboy who wrote (3929)1/22/1999 4:56:00 PM
From: F. Foos  Respond to of 10309
 
Goodboy, I agree with you. Prior to this afternoon, the trading was
very thin. The lack of liquidity made it possible for just a few sell
orders to knock the share price down. Today's intra-day trading chart
shows this very clearly. The trading volume didn't pick up
appreciably, until after the stock fell. The support looks strong in
the $31-33 range. I have been waiting for a chance to add to my position.

Though brutal, the sell-off will probably be short-lived.
In previous sell-offs, over the past several years, the share price
has always recovered.

Frank