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Technology Stocks : First Virtual Corporation (FVCX) -- Ignore unavailable to you. Want to Upgrade?

To: Honor First who wrote (294)	12/16/1999 3:07:00 PM
From: QuietWon	Read Replies (1) \| Respond to of 323

A note on recent trading activity: A few months back when takedowns were occuring (I think this was in the $15-12 area), I posted that it was bullcrap, that FVCX was a fundamentally strong co, and that we saw similar takedowns in the $9 to 7 area and $14 to 11 area. Well, the takedowns start occured again earlier in the week - from $11 1/2 or so to $10 1/2 or so, on 10-20,000 shares. This is bullcrap. What the mm's are doing is, on some of the bad market days and when the bids are thin, is let the price drop down and down, until some decent sized bidding appears. You have two ways to prevent this: 1) keep the bids in there 2) let the price drop, then start scooping up the stock, like the mm's are doing If you are nervous about taking a position, do not make it an all-or-nothing decision, rather divide up the amount you think you may want and buy at different times, averaging in. Pretty soon you have a decent sized position, and did not agonize over having spent all your cash on one buy, only to see the mm's take the stock down. FVCX is real and 2000 & 2001 will be great years for video over i-net - I am often months ahead in my research of particular technologies being implemented. I've noticed co's like this rise, fall back, rise, fall back, etc then explode. Sort of like in football, the wide receiver does a pattern, eg. a down-out-fake post-corner ? at the down & out, the QB/mm pump fakes getting you to bite/sell at the down out, the receiver turns back in towards a post where there?s another fake (this time solely the receiver), then the receiver goes to the corner in the end-zone with the ball arriving in a beautifully timed play. In other words, do not allow takedowns to sucker you out of your stock. Rem, the mm's timing or co's or institutional investors' timing is not your timing, let the ebb & tide do as nature would. Sit back in the hammock and let the mm's and shorts do the worrying.