INTD - InteliData Message Board

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Technology Stocks : INTD - InteliData

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To: Paul Viapiano who wrote (876)	1/18/2000 3:17:00 PM
From: E	Read Replies (1) of 994

I haven't visited this board before, but I did start accumulating shs at 2.75, my last purchase being at 4 15/16, so I'm happy to see some life in the stock. On the chance that this isn't all completely old news (aka rumor) here, I'll tell you what I've heard. What's been told to me by a (sometimes!) reliable source is that the share price of intd has been depressed by the necessity for 7 million shares that had to be liquidated when a major shareholder, WorldCorp Inc (wdcp), went into Chapter 7 to be absorbed by the market; and that although there will be a number of new banks signing up with intd (he believes as many as ten), announcements to that effect are unlikely to be made while the 500k shares-at-at-time Worldcorp liquidation is depressing the market. Intd is up over a point today. Maybe the liquidated shares have been pretty much absorbed? Maybe we'll get an announcement, or more than one, soon.... Anybody have any other speculation about why intd is up sharply today?

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