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Technology Stocks : CNKT - Connect Inc.

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To: Steven Finkel who wrote (198)3/30/1998 9:35:00 PM
From: john psomas  Read Replies (1) of 953
 
Steven
CNKT may make a announcement in next few days but this is not what caused jump today. Someone on Yahoo message board
expects major news next month. Over last 2 days selling has dried
up as buyers appear. Stock is very cheap and could go to 5 or
10 real quick which equates to 1or 2 on pre split stock. Company
is not talking but they and their VC's were very concerned with low
price. Most of selling from small investors, mainly thru Charles Schwab
over last month, very little from Lehman which handled recent conv.
pfd. offering, this is good news. Also CNKT may not be affected by
OMKT patents and this would be very positive for stock. Still believe
CNKT will be acquired if stock stays below 5.
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