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Technology Stocks : 7th Level

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To: Scott Pedigo who wrote (913)	5/1/1998 10:48:00 AM
From: slipnsip	of 1019

More of the same...... "10:17 ET First Virtual Holdings (FVHI) 1 11/16 +11/16 (+69%): Provider of marketing and customer service systems for Internet commerce, announced that SOFTBANK and certain of its affiliates have entered into a definitive agreement with the company to purchase 10 million shares of FVHI stock at a price of $0.60 per share. Took a while for this one to open, and when it did, stock had gapped 53%. Issue ran to $2 (+100%) before beginning to retreat. This is efinitely a high risk play, one that may already be exhausted. But since this is the stuff you guys like to trade, we're delievering the news to you. Volume 538K. Press Release" Lets see if they can run this over $5 so I can short it too! The above from Briefing.com

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