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Technology Stocks : Gric Communications, Inc.
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To: westpacific who wrote ()6/12/2000 10:29:00 AM
From: Rupert   of 59
 
"GRIC Communications Provides Network Infrastructure to Expand International AOLGlobalnet Plus Network"

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Of course, AOL has been a GRIC customer since before the IPO, but this press release should help put this fact on the map, and the stock may respond accordingly. Today is also the lockup expiration for GRIC's IPO, so we could see selling pressure as insiders can now sell their stock. Perhaps the AOL announcement was timed to help offset this?
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