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Technology Stocks : 7th Level

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To: Nick Takos who wrote (266)6/5/1997 10:16:00 AM
From: steve walsh   of 1019
 
You want my thoughts??? and i hope this isn't what's going on...but here we go: The company origionally said no new products until the end of the year? right? right. Then yesterday we get the Python news story....but within the story is this "If you simply can't wait for December, and you must find out the very latest about this meaningful
game, visit 7th Level's web site, www.7thlevel.com. For fresh unadulterated Python humour, surf
to www.pythonline.com. " Which means IT WON'T BE OUT UNTIL DEC. 97...SO why did they put out this story??? I'll tell you....because the market makers that have been taking in the stock at these pitiful levels needed to clean out there inventory....so what happens? they release a news story....push the price of the stock up a bit,,,increase the spread so their brokers will by it with some extra juice and then.....walla.....back down it goes!!! I have been told that Bankruptcy is not an option...but,,,this stock is acting like thats's what's coming,,,,I"M still long,,,and at this point will stay long...but,,,i think something smells and yesterday was a big STINKER!!
Comments??
thanks

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