SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Talk City Inc - (Nasdaq-TCTY)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sabrejet who wrote (118)7/25/1999 10:24:00 PM
From: Secret_Agent_Man  Read Replies (1) of 293
 
LEHM, is doing the exact right thing imho. Many shares were sold from 14-16 area during the first 2 days of trading some 15 Mil in fact and what better way to reaccumulate those shares under poor market conditions than to buy them back @ IPO price... This has a two fold effect, one keeping a bottom on the price and replenishing stock reserves below the price sold thus netting the difference without any outlay costs, it's really simp-le, there is great financial backing from soros, intel, WRHearst, Cox, and a host of others TCTY is not going to roll over and play dead and LEHM has done an excellent job...Conditions prevailing we should rebound to the 14-15 area shortly. and of course the downside may be a point or so below here under worst case scenario however, that being said if they wanted to "tank" the [price they've had ample opportunity to do so last week with greenman and other factors so that being said and sppos thus far not looking too bad we may have an opportunity to get of the floor so to speeak as early as tomorrow...
07/25/99 09:15 PM TRADE DATE:
07/26/99

CONTRACT LAST NET CHGE CONTRACT LAST NET CHGE
S&P 500 SEP99 1364.50 +170 EURO $ SEP99 94.545 -1
E-MINI SEP99 1364.75 +200 DEC99 94.18 -2
DEC99 1378.00P ---- MAR00 94.15 -1
NSDQ100 SEP99 2313.50B +365
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News