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Non-Tech : Valley Media (VMIX) IPO

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To: justin savage who wrote (46)4/7/1999 6:03:00 PM
From: Blue On Black  Read Replies (1) of 298
 
FWIW...I would think that it would be due to several reason. I suspect that many people that took profits in the 30s were 'reloading' when it showed resistance at anything under 29 and new people that noticed the movement potential getting in then too. I would not expect any major moves until the quiet period ends - JMHO. It will be interesting to see how the rest of the net stocks respond since the 'Yahoo jitters' are over.
lee
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