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Technology Stocks : INNOFONE.COM (INNF-NASDAQ-OTCBB)
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To: Goalie who wrote (11)6/21/1999 6:56:00 PM
From: Jason Webster  Read Replies (1) of 107
 
Interesting how the market makers are manipulating the spread. It appears that having sold to many investors at 0.35+ they're nowing trying to shake out some cheap shares from investors who'll panic sell at new bid. Why give them easy money? From discussions with management news on further developments should be out within the next 60-90 days. Financials are due to be filed with the SEC by June 30 and I understand the company is picking up subscribers to their system at a rate of around 500 per week. Not really worth selling at 0.21 now is it?

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