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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (1179)4/24/1998 12:06:00 PM
From: Kimberly Lee  Read Replies (2) of 25711
 
Joe, please take a look at this and see what you think.

Big news for EWEB, float is only 3.4M

From Briefing.com
11:21 ET Euroweb International (EWEB) 2 9/32 +5/32: Company won the Postabank tender offer to provide Internet access to approximately 1300 of the customers and develop software to permit the bank to commence an electronic home banking operation using Internet technology. Postabank is the second largest bank in Hungary. Volume 330K.

1300 of big bank commercial customers -- that's very impressive for a penny stock.
Also, mms appear very short of shares. They tried to shake out twice but there were few sellers.
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