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Technology Stocks : Elastic Networks: ELAS (Nasdaq) ELAS
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To: mact who wrote (76)10/13/2000 3:15:37 PM
From: teevee  Read Replies (2) of 173
 
mact,

The trading pattern and volume indicates that the underwriters got caught holding a mountain of ELAS paper-this is more than some margin calls being sold out into the market. It is obvious that it is being fed out here. When the underwriters are done, ELAS will be just another POS flushed down the crapper:-)) Good luck.

regards,
teevee
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