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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Steve Woas who wrote (10206)3/18/1998 11:09:00 AM
From: ThirdEye  Read Replies (2) of 13949
 
For those of you who have any interest in IAIC, note that yesterday the price bounced off 11 3/4 for a minute and recovered strongly to 13-ish on 3X normal volume. There has been some recent selling of PP shares that were purchased a year ago, though it appears that the selling has not been as heavy as it could have been. These shares were purchased at a fraction of their current value. Yesterday may have signaled a trend reversal. If there is more selling, it will continue for the next couple of weeks perhaps. If you have any interest in buying, watch for any dip below 13. Yesterdays dip below 12 may have been the last chance at that level. I think I'm being somewhat conservative by saying this should be a 5-6 bagger from here in 12-18 mos.
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