INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation Message Board

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Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation

IAIC 4.280

+12.3%

Dec 16 4:00 PM EST

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To: RikRichter who wrote (1162)	1/2/1998 1:19:00 PM
From: Brad Davies	Read Replies (1) of 2011

Elliot, We clearly have different opinions of IAIC. That is what makes markets! To clarify the volume issue though, the big volume trading is what drove the stock down. On DEC 29 the stock traded between 12.63 and 11.50 and closed at 11.50 on volume of only 36600. DEC 30 was the big trading day. Total volume on that day was 299600. The stock traded between 11.75 and 10.50. Most of the volume occurred on the way down to 10.50. The MM's simply weren't prepared to take that much paper and hold the price. The stock has now come back both in price and in volume. With trading this light it is easy to keep the price up. The real question is who was selling the large volume and why. You seem to think it was fund buying. I believe it was insiders dumping. Time will tell. The facts remain though. This company has no Y2K revenue and is losing money quickly. It is almost out of cash, if it isn't already out of cash. IF they do a private placement, you can bet it will not be on favourable terms. We shall see. Good luck in your trading. Ron Ttt

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