INSS - International Network Services Message Board

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Technology Stocks : INSS - International Network Services

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To: Steve Gray who wrote (49)	2/12/1997 9:40:00 PM
From: JOHN CHEN	of 446

You're wrong! Morgan Stanley, as per Maria on CNBC, did say that the sell-off is unfounded. Morgan said the upside to the stock is 50% of the current price. Maria said the news came late in the day and was only able to edge the stock slightly higher today but tomorrow the stock should benefit from the comment since most traders were not aware of it. By the way Morgan news came in at 3 minutes before 4:00pm. In after hour trading, there were over 130,000 shares at 23 5/8 to 23 3/4 as follows; All after hour trades as follow; 16:01 pm 1000 at 23 3/4 01 200 23 3/4 01 200 23 3/4 02 2000 23 3/4 02 200 23 3/4 03 25000 23 5/8 04 12500 23 3/4 04 12000 23 3/4 17 35000 23 3/4 22 35000 23 3/4 All came in at Ask price. Evidently, some traders caught the comments. INSS should open higher tomorrow based on Morgan's comments

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