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Technology Stocks : AsiaInfo Holdings Inc - (ASIA)

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To: Joe Copia who wrote (2)12/30/1999 10:17:00 AM
From: Grateful Reaper   of 115
 
Joe, the amazing thing is that the decline has mostly been the result of normal profit taking, I think. As far as I can tell, AsiaInfo's news release, dated 12/23 (pre-dated?), in which they clarify the situation, was never disseminated. Also, EquityAlert has not yet issued a correction to their 12/28 news alert, despite me calling them two days ago. The recent longs are going to be furious when they figure out what went on. I think some of the parties involved may be liable.

If you haven't yet covered, you may want to wait. I don't see any reason why this won't go back to $2 shortly.
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