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Technology Stocks : Audio and Radio on the Internet- NAVR
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To: zurdo who wrote (13001)4/2/1999 7:33:00 PM
From: RockyBalboa  Read Replies (2) of 27722
 
zurdo,

we all know how DBCC has been massacred near to the MKTW IPO. DBCC had been "the" backdoor of the century, as it required a $240 price of MKTW to sustain its own 40ish price.

And the DBCC insiders dumped 1.65M shares between 4/1/99 and 13/1/99, and further 700k shares until 01/22/99, of which a part has been unloaded before the IPO.

So the insider selling began into its meteoric rise 10 days before the IPO.

If anyone stalled DBCCs rise, it were the insiders who dumped 2.35M shares in very short time, right before the IPO.

You can't attribute that to the few 10k shares which were sold short by A@P and others. I'm not speaking for Anthony, but I think it is of no help to blame the after-IPO fallout on him. You never can prove it.

C.

One guy told me: every stock is different. That means, NAVR might not act like DBCC.
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