priceline.com Inc. (PCLN) Message Board

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Technology Stocks : priceline.com Inc. (PCLN)

PCLN 25.43

-0.7%

Oct 30 5:00 PM EST

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To: $Mogul who wrote (32)	4/27/1999 3:11:00 PM
From: Longterminvest	Read Replies (1) of 55

I agree with George, I also don't think that the sell side analysts are moving the stock, i.e., GS, BBRS,ML or Morgan Stanley et al. Because if you look at the volume the BLOCK trading volume was only 590K out of * million shares traded yesterday. So its all retail investors buying (which to me won't be enough to sustain the rally) also think about all the selling that will be coming from the IPO allotment very soon. ie., 30 days from 30 march... Good luck longs, P.S. I'm short at $135....(12 noon) Look at the block volume, just 294000 out of 7 million. that's what bothers me. this means that Merrill didn't get big institutional into the stock. Watch out for the IPO alloted Shares sell off on Friday.... - (3 pm.)

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