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


To: RikRichter who wrote (1169)1/3/1998 8:52:00 AM
From: the dodger  Read Replies (1) | Respond to of 2011
 
Elliot,

Your post brought a smile to my face...as "wrong" as those nasty ol' shortsellers were about ALL those things...IAIC has still managed to plummet about 70% from its Aug/Sept high of 31 to around 10. I see the current bounce from the $10 range to the current 15 as related to one thing...there's been a great deal of coverage on the news recently about the Y2K problem...kind of a "New Year's" type story...thus sparking some buying interest...presumably from the shortsellers covering their WINNING position.

So the buy/sell reasoning is pretty much a mixed bag, and I wouldn't read too much into the price movement right here...up or down.

the dodger

PS -- Remember...unlike the airlines...in the investment game, you're better off buying a one-way ticket...and NOT the "round-trip" !!!