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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Robert K. Sims who wrote (5666)4/16/1998 6:15:00 PM
From: sibe  Read Replies (1) of 10786
 
Just for the record it looks like you've cut a deal with someone else
such as a mutual fund and are intentionally withholding news that could
make the stock fly. There is know (sic) reason for this kind of volume with
out price fluctuation otherwise. Maybe you're letting them load up at
this price so you don't have to do a secondary offering soon, maybe not.
No one knows for sure except you and a chosen few. If in fact this is
what you are doing then it's WRONG.
--Robert

I also was curious by today's volume of 132,000, and yet a price fluctuation between only 17 and 17 3/8. Please explain your statement regarding how allowing a mutual fund to obtain it at this price could prevent a secondary offering. Also, IF your charges in post 5666 are true, are they SEC violations?
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