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Technology Stocks : First Virtual Holdings (FVHI): Internet bottom fishing?

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To: Dr. Frank Antwerpes who wrote (38)6/30/1998 12:27:00 PM
From: Lazlo Pierce  Read Replies (1) of 87
 
Well E*Trade bought a $.5Million worth of this @.60 and it was disclosed in the 10-Q. I think thats the reason for this rise. Kickin myself now for dumping ~1.00.

<<08:53 ET First Virtual Holdings (FVHI) 2 25/32: Stock gained one full point yesterday after company closed the previously announced investment in the company by SOFTBANK Holdings and SOFTBANK Technology Ventures. In a subsequent transaction, E*Trade Group. purchased from SOFTBANK 833,333 shares of the company's common stock at a total purchase price of $500,000, or $0.60 per share. FVHI is a provider of advanced messaging systems for Internet commerce. FVHI shares bid at 2 15/16 this morning.>> (briefing.com)

Dave
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