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Technology Stocks : Interliant, Inc. (INIT)

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To: $Mogul who wrote (472)7/28/1999 11:20:00 AM
From: Dave Twibell  Read Replies (1) of 1214
 
Very blatant mm manipulation on this stock, along with almost every other recent IPO. NPLS, CONV, TIBX etc... all had the same steep drops at almost the exact same time as Greespan began speaking. MM's were taking blatant advantage of the fact that there were no buyers for any of these stocks as all the traders were sitting on their hands till Greenspan began speaking. If you were able to take advantage of this by getting in under 16 I think you will be very happy once everyone realizes the world is not coming to an end and begins buying again.

Dave
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