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Technology Stocks : Forecross Corporation : Y/2000 -- Ignore unavailable to you. Want to Upgrade?


To: pkwknk who wrote (838)4/4/1998 5:15:00 PM
From: bernie  Read Replies (1) | Respond to of 1654
 
You guys slay me! Simple review of by-house trading shows there is unpaid-for stock in system(that volume on Friday was almost entirely a "cross" ie. between accounts at the same house).Recent by-house trading analysis shows they bot about 700k and sold about 600k shares-hence the problem. This was no doubt a run-up promotion to the big "contract" just announced (without financial terms).This money-losing $100m cap nearly-insolvent story stock is gonna get slaughtered by the shorts when it hits a US market and finally gets noticed-unless you think Americans are inherently dumber than Canucks.Too bad Y2K stories are starting to flame out; see VIAS on Fri? And they make $!!