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Technology Stocks : Lycos

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To: Captain James T. Kirk who wrote (2351)5/16/2000 4:03:00 PM
From: Jim B  Read Replies (2) of 2439
 
LCOS closing at its low for the day.. what gives?? with all this talk of $85 to $97/share for LCOS... for the stock to close under $71 is a joke after reaching $81 during the day.

my guess is someone leaked something that the deal isn't worth more than $70/share..

ugh!!!!! my options dropped in half when we fell from $81 to $71 ; guess all I can do now is hope the OFFICIAL announcement today puts the buyout/merger over $80/share and wait for the market to factor that into LCOS's price

jim

ps.. with such a STRONG NASD finish.. and a WEAK LCOS finish.. something smells fishy -- wishing I sold now
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