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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: ed doell who wrote (5954)8/10/1999 11:52:00 AM
From: Ron Harvey  Read Replies (1) of 13157
 
<<Unbelievable price action.>>

No, it isn't. Really. It isn't. Look at the general market. Consider the fears of a Fed hike in both August and October. Look at the long bond. Do you think that a highly speculative issue like IATV will fight the market? Not much of a chance. People are selling where they perceive themselves to be most vulnerable. Could IATV bounce back to 11? Sure. Could IATV crumble to 8 or worse? Sure. And neither would be unbelieveable, at least the way I view stocks.
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