Compu-DAWN, Inc (CODI) E-TV Co. (ETVC) Message Board

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Technology Stocks : Compu-DAWN, Inc (CODI) E-TV Co. (ETVC)

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To: Carl van Rooyen who wrote (36)	1/18/1999 11:17:00 PM
From: David Wise	Read Replies (2) of 78

I am curious about the volume. There are only supposed to be fewer than 3 million shares outstanding. I would expect far fewer in the float, though I have no knowledge of inside ownership. Your premise that DONC must own several million shares is apparently based on your LII observations, but it's mathematically impossible. Often shares with small floats trade more shares in a day than exist, but that's usually people flipping the stock 2 or 3 times for a fast buck. Looks like with this stock many shares were traded on recent announcement, then buyers got spooked or sold as soon as the stock started back to more common levels. I don't think the press really picked up on the release. I expect they'll wait until results are in, 1000's more reps signed up, new ISP, improved set top box, and major alliances before another press release. By then, of course, it'll be too late to get in at these prices. I'm tking advantage of each dip, building a nice investment. So where's BONC getting his shares from?

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