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Technology Stocks : Mpath Interactive, Inc. (MPTH)

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To: Kevin who wrote (142)5/4/1999 12:17:00 PM
From: Piranha  Read Replies (1) of 243
 
<< I though they were worth at least $50.00! >>

They very well could be. However, not everyone who owns shares is a long-term investor (especially this soon after the IPO). Many are day-traders, short-term traders and flippers. Until they all get shaken out, it'll hard to tell what a fair price is.

FYI, the IPO priced at $18, not $31. It may have opened in the secondary market in the $30s, but the IPO price is still $18.

Piranha
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