PWEB - Pacific WebWorks.. FrontPage for Businesses? Message Board

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Technology Stocks : PWEB - Pacific WebWorks.. FrontPage for Businesses?

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To: R.Lui who wrote (20)	2/11/1999 9:44:00 PM
From: Paul Pry	Read Replies (1) of 76

Lui...The fact remains the same. Nobody, besides the insiders, owned the stock at a profit when PWEB opened @ $20. So who is going to turn around and sell? In this market, MM are scared to death to short a web stock. That is part of the reason they are doing so well. The MM are getting out of their way. Plus there can't be any PWEB stock in DTC to borrow against to deliver. I doesn't make sense. Too risky. What does make sense is the penny promoter dumped a good hundred to two hundred thousand shares of artificially inflated PWEB into the market. He probably kept a good chunk of change for himself and gave some to the company as the funding he promised. Come on.. You've got to know a thing or two about penny stock guys? That is why you must really look at a penny stock. Most other hot internet stocks were underwritten by legit firms. If the PWEB's product was really great, a investment banking firm would have funded the deal, taken it public on NASDAQ and supported it with its brokers. Something to think about. I will see who is active in the box on PWEB. Til then... PAUL

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