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Technology Stocks : INTD - InteliData -- Ignore unavailable to you. Want to Upgrade?


To: Paul Viapiano who wrote (876)1/18/2000 3:17:00 PM
From: E  Read Replies (1) | Respond to of 994
 
I haven't visited this board before, but I did start accumulating shs at 2.75, my last purchase being at 4 15/16, so I'm happy to see some life in the stock. On the chance that this isn't all completely old news (aka rumor) here, I'll tell you what I've heard.

What's been told to me by a (sometimes!) reliable source is that the share price of intd has been depressed by the necessity for 7 million shares that had to be liquidated when a major shareholder, WorldCorp Inc (wdcp), went into Chapter 7 to be absorbed by the market; and that although there will be a number of new banks signing up with intd (he believes as many as ten), announcements to that effect are unlikely to be made while the 500k shares-at-at-time Worldcorp liquidation is depressing the market.

Intd is up over a point today. Maybe the liquidated shares have been pretty much absorbed? Maybe we'll get an announcement, or more than one, soon....

Anybody have any other speculation about why intd is up sharply today?



To: Paul Viapiano who wrote (876)1/20/2000 1:42:00 PM
From: AugustWest  Respond to of 994
 
better than 7 1/2 you say?

Okay, I'll stick it out. but only if it don't hit $10 before tomorrow(Tom's Law). Otherwise I have to try and hold out for $25! $25? double the all time high? Gotta try, it's suppose to be the year of the quints.



To: Paul Viapiano who wrote (876)1/20/2000 3:34:00 PM
From: E  Read Replies (1) | Respond to of 994
 
<<<I see more than 7 1/2 in the cards;)

...though 7 1/2 area will show some short term resistance...>>>

Right now RTQ shows

bid 7.53

ask 7 5/8