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Technology Stocks : Interliant, Inc. (INIT) -- Ignore unavailable to you. Want to Upgrade?


To: Mark The Trader who wrote (588)8/3/1999 8:34:00 PM
From: Richard B. Haenisch  Read Replies (2) | Respond to of 1214
 
Mark,

I tend to agree with you on your points a) fridays job report et al.

What boggles my mind is that DIGEX (DIGX) comes out with an IPO on friday, opens at $22 and still is trading at $19 1/8 today.

Imagine this: 60,000,000 shares outstanding and 10,000,000 in the float with a total market cap of 1.148 Billion.

INITs market cap is 655 million, with a higher revenue stream.

Our stock price would be at $ 28.70, if equally valued.

Go figure!

Rico