WR's Momentum Trades Message Board

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Strategies & Market Trends : WR's Momentum Trades

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To: Wayne Rumball who wrote (5329)	2/10/1999 10:36:00 AM
From: Andrew G.	Read Replies (1) of 11130

HSNS releasing same PR as last week. No real news. It went down because the had a disagreement with Summus on how much of Summus was owned by HSNS. Originally the stated they owned 18%. But later they retracted that. HSNS has exclusive rights to sell some of Summus technology to certain clients. They don't specify the terms. In order to increase their ownership they bought about $1M more of Summus and cancelled a bunch of their shares. But the stock still tanked. So they are re-releasing the same PR and people are responding as if it were News. Oh well, as long as the stock goes up, who cares right? I'd like to get back into HSNS but I want to see them cut a deal with an ISP before I can believe this compression technology is viable. Best wishes to all.

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