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Technology Stocks : First Virtual Corporation (FVCX)
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To: QuietWon who wrote (165)9/3/1999 1:56:00 PM
From: QuietWon  Read Replies (1) of 323
 
To: Wes Stevens who wrote (954)
From: QuietWon Thursday, Sep 2 1999 10:44PM ET
Reply # of 956

Anyone notice the set-up by the press? One article quotes McCammant as saying the stock has been held down by a large seller, but that seller is almost finished. Then today, IMCL says they're worth more than any offers.
Gimme a break on the first article - happy to see it, yes, but man o man is Wall Street such the set up.

Now, for anyone interested a couple of similarities of IMCL sitaution to other stocks:

1) FVCX. IMCL had 780 call option contracts bot in one order a week before an Individual Investor article and then about 3-4 weeks later it's on CNBC and it's off to the races. Well, FVCX has over 400 calls @10 bot over past few days...pattern??

2) GBIX. I did an on-site investigation of IMCL in January - stock was $9-10 then. Last Friday was at GBIX's offices in NYC - dispelling the garbage-posts on Yahoo msg board and it confirmed my thoughts of GBIX being significantly undervalued and overlooked.
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