BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR Message Board

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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR

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To: Tracy Moore who wrote (360)	2/19/1999 2:24:00 PM
From: DAVID C. DeANGELIS	Read Replies (3) of 954

Tracy, I'm sorry but the PWCC action is over. If you look at a chart of ALL backdoor IPO's (MALL, DBCC & others) you will see they ALL hit their highs BEFORE the actual IPO. PWCC's IPO is next week & we may only see a small upside blip before the inevitable sell off, which IMO has already begun. A 600k float can be a huge negative at this point causing downside momentum to accelerate DC

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