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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: trendmastr who wrote (21271)3/31/1999 5:25:00 PM
From: richroni  Respond to of 29386
 
Asic_1's most recent post on Yahoo (last nite)
"IMHO I think we may have a little news, don't get your pulse up over it, but news none the less."



To: trendmastr who wrote (21271)3/31/1999 5:45:00 PM
From: Mr. Twister  Read Replies (1) | Respond to of 29386
 
TM,

I can verify that those did in fact go through I was watching in amazement as the stock ran this afternoon. All the way down, the MMs were willing to take the stock in. Today they could not move out of the way on the ask fast enough. That 94k block went off at 6 1/4, at 16:02.

The stock was very oversold over the past couple of days. In addition, the money flow turned positive last Friday even with the stock falling. Money flow turned negative yesterday afternoon after we bounced off 5 5/8. But it again turned positive today.

Andrew