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Technology Stocks : Interliant, Inc. (INIT)

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To: Susan Saline who wrote (488)7/28/1999 4:49:00 PM
From: WaveSeeker  Read Replies (4) of 1214
 
Thanks for your response Susan - I was actually surprised that they bounced this below the opening day low. Either this company is getting lost in the IPO morass, or it's orchestrated short-selling to pry shares loose for their best customers. Given the rarity of MLCO underwritings, this should be a jewel in their crown given the company's place in the Internet applications hosting area - not to mention great revenue growth. Look at EXDS, VRIO, and the relatively new issue ISLD - why shouldn't INIT be at least near Digital Island's mid-20's range? In any case, with 2 days left, I would think that today was the bottom for good with a close in the top third of its daily range.

WS
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