Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Data Return Corp. (DRTN) -- Ignore unavailable to you. Want to Upgrade?

To: fiberman who wrote (64)	11/4/1999 9:00:00 PM
From: Stephen	Respond to of 178

fibreman, that somewhat echo's my feelings about the matter. I was not impressed ... but them's the breaks and I guess the bottom line is that the price action usually never lies. Ces't la vie. It may take a few days for this to work its way through ... and I hate the float - 6 million is usually my limit as larger floats like BNBN/NZRO et al tends to keep players away ... and these would usually be needed to drive the price higher. I won't be following this for a few days .. but concentrate on other positions. Today I saw institutional sell messages ... which conflicted with what I'd seen prior. I should have known something was awry ... ah well ' no point in bitching about it ... ...I'm rambling through clenched teeth ... or can you tell ! (GG). Stephen

To: fiberman who wrote (64)	11/4/1999 9:00:00 PM
From: HeyRainier	Respond to of 178

What's wrong with the company receiving additional financing? They're growing quickly, and this additional cash infusion is what they need at this stage of their life cycle. The prospectus indicated DRTN had 22.27 million shares outstanding. The additional 937,500 shares still puts them in that sweet spot that O'Neil claims for number of shares outstanding. Taken from his own book: "...If you desire clear-cut factual evidence, the 40 year study of the greatest stock market winners indicated more then 95% of the companies had fewer than 25 million shares in their capitalization when they had their greatest period of earnings improvement and stock market performance..." Rainier