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Technology Stocks : ANDA (Andataco) - formerly IPLS (IPL Systems)
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To: Wallace Rivers who wrote (39)2/6/1998 12:29:00 PM
From: R.S. Blum  Read Replies (1) of 107
 
Last time I talked with Anita, she had mentioned that two analysts where courting them to consider coverage. This was a while back, after the merger and since I've gotten no hint as to the progress. I've been stonewalled since fall in this regard when I wondered outloud the dynamics behind that move.

My only suspicion, beyond the MM's playing is that perhaps one of these houses are letting the VIP clients on board before announcing coverage. Obviously, if this is the case, with this float, we are in for a very wild ride. We'll know soon enough. To be safe, I'd get those stop losses entered in case it's the MM's again like last September.

-Scott
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