Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VSAT 39.66

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Feb 4 3:59 PM EST

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To: Stock Watcher who wrote (13571)	8/17/1999 10:07:00 PM
From: mike.com	Read Replies (1) of 52051

the president of IATV made a big mistake when he unloaded a ton of stock @ $10-13; no matter how much he needed the money, the timing was really bad considering the company was at a trade show. I agree, but he still has 3 million shares despite selling over a half million so he probably still has some interest in seeing the stock go higher. One other recent development to note: a private investor just invested 5 million and bought the stock on the open market. We don't know who it was. All we can get out of the company is that we would be very pleased by who it was. The company's cash position is stronger than at any other time in their history.

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