Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation -- Ignore unavailable to you. Want to Upgrade?

To: TEDennis who wrote (1157)	1/1/1998 12:33:00 PM
From: RikRichter	Read Replies (2) \| Respond to of 2011

TED, >>I thought about buying, but didn't. So the stock took off.<< I still feel that IAIC is a great entry price as it had been under pressure due to tax-loss selling and the completion of its private placement. What is very compelling about IAIC's 33% gain from its December 30th intra-day low of 10 1/2 to 14 is the enormous, unprecedented trading volume of 360,000+ shares. This suggests to me that there has been some fund buying but I cannot confirm this at the moment. With only 6.2 million shares outstanding and a market cap of only $85 million of which 70% is held by insiders as well as institutional holders from the earlier private placement, the volume was extraordinary and can only be construed as bullish as the stock has considerably strengthened. Going forward, I am hopeful that IAIC will outperform the Y2K stock sector. I remain ver-r-ry long on IAIC! Regards. Elliot PS: According to the SI Y2K folder, Ed Yardeni and another Y2K proponent will be appearing on CNBC tonight at 7PM EST. Should make for great viewing!