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Technology Stocks : C-Phone (CFON)

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To: silicon warrior who wrote (800)5/27/1998 9:02:00 PM
From: Hawkmoon  Read Replies (1) of 1201
 
Yeah... but blaming it on SI and the internet sure covers the butts of those truly responsible for the hypish upsurge in the stock.

There is no way the internet can be responsible for generating several days of 25 million share trading. There just has not been sufficient posting traffic to substantiate a claim like that.

Those heavy trading days required a concerted effort on the part of brokers and "hot stock" comments on CNBC(most likely performed as a favor to someone pushing the stock). Call me conspiratorial, but I don't believe it just "happened". Especially when you turn over the O/S shares 5 times in two separate trading days.

Print that WSJ... :0)

Regards,

Ron
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