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Technology Stocks : 7th Level
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To: Joe Casey who wrote (896)4/30/1998 11:59:00 AM
From: Hogs  Read Replies (1) of 1019
 
I am in shock that this stock is above $3. Folks, professional investors are getting the equivalent of 10 million shares at a buck and this deal was done last week. Only fools would buy the stock at this level. Do you think the value of the company is worth 8 times today for what it was worth last week ? This sort of situation scares me about the whole market. Just watch, The internet ipo's are coming out of the woodwork. At the end of the day SEVL will go back to $1 where it belongs. So I am going to make this prediction: SEVL will fall like a"turd from a tall moose"
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