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Technology Stocks : Ditech Corporation (DITC) -- Ignore unavailable to you. Want to Upgrade?

To: George Gotch who wrote (11)	10/6/1999 12:52:00 PM
From: Tie Zeng	Read Replies (1) \| Respond to of 177

This kind of stocks normally goes up quite a bit from here. And eventually fall down to the ground. Briefing.com has talked up this stock as a trading stock. Tie

To: George Gotch who wrote (11)	10/6/1999 1:05:00 PM
From: SteveG	Read Replies (1) \| Respond to of 177

<..Why would a stock do a secondary and take out insiders after the company has been public only a couple of months and run after as secondary?..> well, strong roadshow (business is going great) - $2MM antec licensing (adds 8 cents straight to bottom line for probably 33 cent and MIGHT recur), better visibility on Lucent-China (which after the kosovo accidental bombing was on hold). but the real reason talking to research and trading desks is momentum players (day/online traders), so likely we will see this down later or tomorrow. fwiw, i couldn't resist booking profits at 70+