To: Tom Hua who wrote (445 ) 7/27/1999 1:38:00 AM From: Richard B. Haenisch Respond to of 1214
JUST THE FACTS, JACK! All I am trying to bestow upon some of you is the distinct possibility of a nice "pop" in INIT shares over the next 10 to 15 trading days - based on previous, similar occurences with other I-Net IPOs in "hot" sectors recently. Analysts upgrades or the anticipation of them will lift the share price of Interliant Inc. in the near future. Certainly, Alan Greenspans speech on Wednesday could "ruin" the party for the near term, however, I am pretty sure that insiders would like to get rid of some of their shares (21.9 million) when the "lock-up" provision expires. And I am doubly sure that they would like to do this at a price higher than $17 or even $27 a/share. So, as I see it, the longest time frame we may have to "suffer" through below $30 prices would be, perhaps sometime in November. If it takes that long, which I doubt, so be it! My avg. cost is approx. $18.25 on now over 16,000 shares - I will be very happy with a 60 - 75% return by Nov. BTW - Why is it that the same people who could have bought this stock today at $17 - $18 and didn't, will JUMP at the opportunity to buy it when it reaches $20+ ? Patience and Foresight is all it takes! Good night, my friends! Rico P.S. Realize this - ALL I-NET stocks are overvalued (AMZN, PCLN...), the question is which MM are behind them and are seeing to it that the share price will continue to rise? (or at least not fall) All the MM have to do is create a movement in ONE direction and the daytraders will do the rest. So when Merrill is ready to "move" this stock, they will. In the meantime they, along with other MMs are amassing shares cheaply from weak, impatient investors out there. Come on, people! Understand the game!