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Technology Stocks : Flag Telecom Holdings - FTHL -- Ignore unavailable to you. Want to Upgrade?

To: D. K. G. who wrote (83)	2/4/2002 7:26:24 AM
From: TheSlowLane	Respond to of 87

That is the question, alright. We'll have a better idea after the 13th. This weekend, there were posts on Yahoo! claiming that an analysis of the trades shows that the 100,000 blocks did not start flying in earnest until after the stock sank below $1. The argument is put forward that programatic selling kicked in at that point liquidating one or more large institutional positions (which someone agreed to take in at .60). If that is true and the selling is abating, we should start to see FTHL move up. In the meantime, that article from the Middle East Economic Digest and the articles coming out of India seem to indicate strong continued demand for FLAG's services. Look at this: siliconindia.com