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Technology Stocks : i2 Technologies

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To: Lizzie Tudor who wrote (329)4/23/1998 9:03:00 PM
From: Timoteo   of 2339
 
Michelle and all:free after hours quotes: you can check out after hours action at quote.com (sorry I can't paste the url). Be sure to look at the volume however. ITWO traded only 100 shares @ 74 1/2 @ 4:26 EST. The last trade was 1000 shares @ 72 3/8 @ 4:55:30. After hours on the second tier stocks is very misleading and easy to manipulate. For example, if I've got a bunch of stock or options to dump (lets say 40,000 shares) I can buy a couple 100 or even thousand at a couple points above close. If I can maintain it at the open I can make a nice profit. It is easy to drive a price up, but difficult to drive it down, since a trader has to work on the supply side.
Has anyone listened to the conference all yet? Opinions?

Best Wishes,

Timoteo
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