Healtheon Corporation (HLTH) Message Board

STOCKTALK

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 : Healtheon Corporation (HLTH)

HLTH 0.120

0.0%

Sep 10 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rajiv who wrote (253)	8/10/1999 12:22:00 PM
From: ISP_Investor	Read Replies (1) of 861

Good point. I think there were 2M shares short before today. This probably served to stabilize the stock a bit today and prevent a larger freefall. There are too many mechanical things causing a freefall right now, but the one fundamental point on this stock is this: Last Q was below expectations and if this Q doesn't blow out expectations, then it is likely that the stock will fall further. Also, I doubt any buy or sell side analysts will be telling their clients to step in at these levels to buy either. I'm sure there are a few of them that didn't take notice of the lockup expiring who are having their ears chewed off right now.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next