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Strategies & Market Trends : DAYTRADING Fundamentals

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To: KM who wrote (648)	6/13/1999 7:08:00 PM
From: -	Read Replies (1) of 18137

<... wonder what Herb Greenberg REALLY thinks...> Yeah, exactly. They might be getting a little panicky over there, but I'm sure they negotiated one of those "early lockup period releases" gaining fashion, and will be dumping shares soon. I notice it TSCM is trading around a lowly $30 now... wonder how long before that pig dunks under it's formally-set IPO price? Of course, they have Goldman-Sachs defending it, so the odds for that are lower. BUT, if we have an honest-to-god correction here, that will be one of the first to "trade under", which is almost always long-term bad news. I don't watch it, but heard that BNBN is underwater now... -Steve

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