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Technology Stocks : MessageMedia Inc. (MESG)
MESG 18.65-25.4%May 25 5:00 PM EST

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To: Gutterball who wrote (397)11/12/1999 11:29:00 AM
From: Gutterball  Read Replies (2) of 553
 
After reviewing the record, it appears Messagemedia uses PR (or lack there of) to influence the price of its stock.

Case in Point: Advanstar Communications. This company was mentioned as a client in Messagemedia's 8-K/A dated 10/1/99. However, the PR on Advanstar was not announced until 10/11/99. Why?

sec.gov

Recall that last bit of financing lead by Van Wagoner #reply-11699808 that closed at $10.25/shr. The only time they could have closed at that price was 9/27 thru 10/11. A period which ends with the Advanstar PR (10/11).

Could Messagemedia have used the 10/11 PR and all that followed to create a comfort level, say 25% gain, for its new institutional investors?

You be the judge.
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