SI
SI
discoversearch

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.
Non-Tech : 1000% returns are cool !!! -- Ignore unavailable to you. Want to Upgrade?


To: Marshall001 who wrote (1316)6/22/2000 10:51:00 PM
From: HandsOn  Respond to of 3326
 
MM's sucking up shares before the inevitable, ttyl M.



To: Marshall001 who wrote (1316)6/22/2000 11:35:00 PM
From: changedmyname  Read Replies (1) | Respond to of 3326
 
simple... that news hit that particular newswire late. The news was out this morning... if I recall... the pr hit late 10am or early 11am. But I think there was wind of it before the open since GMGC gapped up (probably was on their website early or on bloomberg).

CNBC reported the news for sure after it was released on other wires.

Jason



To: Marshall001 who wrote (1316)6/22/2000 11:40:00 PM
From: If only I'd held  Respond to of 3326
 
M...it almost looks like the stock was saved by the news according to this chart.

finance.yahoo.com
News hit wires at 1:46 (EST)

Went up a buck on a small buying surge..then drifted back.

I'm not sure what exactly you are expecting...as they are trading at almost 30 times projected earnings for 2000 and between you and me...I'm not so sure they are gonna pull that off. What's with all those "non-cash" charges? Bottom line is...they lost 1.19 per share last qrtr. This is a little fuzzy to me...so maybe you could clear it up. I'm probably just missing something. Unless they blow earnings away sometime soon...you might be best to daytrade/swingtrade the hype. Investors have been royally burned in this stock as evidenced by the charts. Once bitten, twice shy?