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Technology Stocks : Mediaplex Inc-(MPLX) -- Ignore unavailable to you. Want to Upgrade?


To: Phil Placier who wrote (41)8/20/2000 11:49:38 AM
From: Phil Placier  Read Replies (1) | Respond to of 45
 
For what it's worth: The just issued Sept. issue of Red Herring magazine reports: "...the stock recently reached an all-time low of $12 [in July], possibly the victim of bad blood on Wall Street. Rumor has it that Lehman Brothers had been trashing the stock through its sales force, despite retaining a Buy recommendation. Could Lehman be angry about a pulled secondary offering and an inside scandal wherein one of its analysts became Mediaplex chief financial officer--for a day?"

Can anyone substantiate, deny, or comment on this curious report?

The good news is that the stock price for the past two weeks has been stable at the $7+ level.