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Technology Stocks : About.com (BOUT)

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To: Happy Harry who wrote (310)9/18/1999 10:03:00 PM
From: eDollar.com  Read Replies (1) of 438
 
Harry selling starts about 10 days before, in anticipation of a flood of shares.
I guess the preicipitous drop from 40 to 31 in 2 days meant some one was getting out big with huge blocks. This co. float is low and a sizeable amount of share is going to depress the price. I saw HLTH, PER etc sell of big because of this phenomenon.
Now BOUT will recover quick and big. A 350$ portal is less than unheard of. I believe if some cable guy parterns with bout we may have a GNET like run.
Once the selling is over, I will buy big and forget about it.

Remember this insider selling is a phenomena and is bound to happen. But it will be short lived.
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