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Technology Stocks : Viatel (VYTL)

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To: JH who wrote (129)1/17/2000 10:36:00 AM
From: debra vogt  Read Replies (2) of 157
 
I have looked at Raging Bull and Yahoo boards, along with searching the news and cannot find any substantial news to explain the drop. This is not a stock I track daily because it is a long-term holding for me. Needless to say it was a surprise when I noticed it Friday evening! Here is one comment from the Raging Bull board this morning. FWIW:

By: infancy
Reply To: 167 by winsome Monday, 17 Jan 2000 at 10:17 AM EST
Post # of 172


Lehman sold 64M [doubleprint 128m] badly late a friday afternoon. seller wanted to be done [and he was] and makers spread the stock down ahead the seller on no volume. My guess is for a strong snap-back. Fridays action in this stock is an indictment of the OTC market.


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