BackWeb Technologies Ltd (BWEB) Message Board

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Technology Stocks : BackWeb Technologies Ltd (BWEB)

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To: Elroy who wrote (240)	7/12/1999 5:58:00 PM
From: Earl Mincer	Read Replies (1) of 584

I hear what you're saying. And I'm not naive enough to believe that every high tech company has 100% control over accidental leaks of their press releases. However, it's been my observation that a CNBC analyst mention of an Internet stock sometimes moves it greatly, and sometimes does not. I'm not enough of an analyst to understand exactly why but I suspect that it it has a lot do with critical mass that is made of many other factors. I think in some market conditions an analyst comment moves the stock, and other times a very similar comment doesn't move the price, even when we might expect it to. If I/we really had a good handle on how these things move, we'd be riding every 100%-400% run-up around, without error, every time. I recognize and agree that it's possible that some people might have known a bit about the press release. But I doubt that it was at all widespread and I personally attribute the move to CNBC in this case, even though such a nod is by no means a guarantee of a run-up. You make valid points nonetheless... but hey... who among us really knows? It's ALL speculation, isn't it?

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