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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: IngotWeTrust who wrote (1242)1/26/1998 1:35:00 PM
From: Dale Baker  Read Replies (1) of 2011
 
Allow me to play devil's advocate here with the numbers. IAIC recently had about 6 million shares outstanding and another 1.3 million registered to cover the 1997 private placement. They will have to register more to cover the latest placement.

Also, the Soros funds may be investing or they may be buying the shares at a discount to sell them at the earliest opportunity. They have done this in other stocks where the Soros name contributes to a runup and they sell their shares into the strength.

I have no specific info on this particular deal.
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