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Strategies & Market Trends : LastShadow's Position Trading

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To: Jeffrey Lee who wrote (19422)8/11/1999 9:43:00 PM
From: Ron  Read Replies (1) of 43080
 
Ah yes, IVIL. I remember it like it was yesterday. CNBC hyped the hell out of it. Turns out, NBC owned a piece..but they didn't mention that..until later.It came out of the gate at 95 7/8 then bounced like a ping pong ball. Yes, it was priced at $24. Be very surprised if it does not fall below that, based on revenue/earnings. The employees know that too. That's when they drop on lockout expiry. IMHO.
Good luck to all.
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