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Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

873.0. "XICOR? Any takers?" by CONSLT::MCBRIDE (Reformatted to fit your screen) Wed Jun 07 1995 17:27

    I received a recommendation on XICOR, sym XICO.  Anyone with a
    position in here?  Currently trading at 5 3/4.  
    
    Brian
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873.1NETRIX::michaudJeff Michaud, That GroupWed Jun 07 1995 17:4715
> I received a recommendation on XICOR, sym XICO.

	Ah, another verbose talker :-)  Ie. why don't you englighten
	the rest of us as to what this company does, who recommended
	it to you, and why?

Symbol        : XICO         Exchange    : NASDAQ
Description   : XICOR INC                                    
Last Traded at: 5.7500       Date/Time   : Jun 07  1:31:11
$ Change      : -0.3750      % Change    : -6.12   

Volume        : 329600       # of Trades : 185      
Bid           : 5.7500       Ask         : 5.8750   
Day Low       : 5.5000       Day High    : 6.1875   
52 Week Low   : 1.6250       52 Week High: 6.2500   
873.2CONSLT::MCBRIDEReformatted to fit your screenWed Jun 07 1995 17:5311
    So sorry, they are a semi-conductor manufacturer.  They make memory and
    reprogammable chips.  Apparently they make the brain behind the
    Cadillac driver setting memory system.  The recommendation was from a
    broker with Lew Lieberbaum.  It was a blind solicitation which I
    usually do not listen to but for some reason this one sounded
    tempting.  This was also within the last half hour.  
    
    It has seen quite a movement in the past couple of months and the
    expectation was for it to go into the $7-8 range.  
    
    Brian
873.3Frank Friendly calling...ASDG::HORTONPaving the Info HighwayWed Jun 07 1995 21:4234
    Warning sign No. 1:
    
       Current price is close to the 52-week high,
       and floating _way_ above its 52-week low.
    
    Warning Sign No. 2:
    
       Cold call from unknown broker trying to hawk stock.
    
    Warning Sign No. 3:
    
       Small investor, eager to "get in on the action," issues
       request for info; no comment on P/E, book value, earnings,
       sales, market share, etc.
    
    WSN2 is by far the most disturbing of the three.  I regard such
    calls as very strong contrary indicators.  Buy at your peril.
    
    
    "Hello?"
    
    "Hi, my name is Frank Friendly.  May I speak to Mr. Fleeced?"
    
    "This is he..."
    
    "...ah..."
     (unbeknownst to callee, broad grin breaks out on Frank's face)
    
    "...Mr. Fleeced, our research department has uncovered a
     remarkable profit opportunity in a quality firm that only
     a few people know about..."
    
    [script writers can fill in the rest]
      
873.4CONSLT::MCBRIDEReformatted to fit your screenFri Jun 09 1995 12:419
    re: warning sign #3
    
    This info was not offered and he as sort of put off when I alluded that
    I would like to go look this stuff up.  I will keep an eye on it but
    that's about all.  
    
    Thanks,
    
    Brian
873.5CONSLT::MCBRIDEReformatted to fit your screenTue Jun 27 1995 13:117
    As an update to this, I did not buy in based upon my own uneasy
    feelings of a cold call but they are now trading at 7 3/16.  Not a bad
    move for a small issue.  The broker called back with another one, TII
    industries.  I'll watch this one too.  They make power surge protection
    systems for networking (?).  
    
    Brian