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Technology Stocks : PWEB - Pacific WebWorks.. FrontPage for Businesses?
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To: john jordan who wrote (38)3/17/1999 11:09:00 AM
From: John Fairbanks  Read Replies (2) of 76
 
Actually I suspect that there are a bunch of people who own stock at
lower levels... before the reverse merger the shell company was
trading at 0.50, and I suspect a good portion of that stock went into
the hands of the people doing the deal. I think they have been
bleeding stock into the market even since, and with the absence of
any new buying pressure lately, their constant trickling is killing
us.

This is just my gut feel on things.... I could be wrong...
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