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To: ALTERN8 who wrote (19530)1/27/2000 11:42:00 AM
From: Wendisman  Read Replies (1) | Respond to of 57584
 
IAAC....made the mistake of holding most of it during the momo run....core was from 9's, so I'll ride this out and hold cash for buying more if I sense a turnaround or a news item coming....
Otherwise, I'm putting it away and waiting....



To: ALTERN8 who wrote (19530)1/27/2000 11:59:00 AM
From: Vegas  Read Replies (1) | Respond to of 57584
 
re: IAAC
I sold after the news. The spike failed to exceed the previous days high and the trading was to erractic for me. I want to keep my profit so I sold in the high-teens with just over a 100% gain.

JF



To: ALTERN8 who wrote (19530)1/27/2000 12:09:00 PM
From: Mark Konrad  Read Replies (2) | Respond to of 57584
 
IAAC...just bought more at 14 3/4 (perhaps too soon but my largest position is at 8 3/4). IMO, there is not widespread knowledge of this stock yet.

Last night I was speaking to a very bright broker at Schwab, discussing options, ipo's, etc. He was familiar with all my holdings EXCEPT IAAC and was quite intrigued when I described it to him.

Many weak hands bought on the runup to 27 and are getting killed right now. I think they are discouraged and are leaving (most may already be gone).

The float is so low; any real news or advertising (or even the slightest mention on CNBC) will cause this one to skyrocket again well past previous high.

IAAC is continuing to slide as I write this (14). I wouldn't sell here but would start nibbling on extra trading positions.

Anyone else have any thoughts on IAAC?

Regards, Mark