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


To: _scott who wrote (1540)4/28/1998 10:52:00 AM
From: jgideon  Respond to of 2011
 
The important thing about yesterday was not the drop, but
the volume. IAIC has been drifting lower since earnings
on low volume. Yesterday was 5 times normal volume. The
other small stocks I follow also dropped, but on normal
volume. Methinks that someone got frustrated and just
bailed, thinking the whole market was turning. I know
I'm a bit frustrated, but I never planned on even thinking
of selling this stock until the summer. Maybe not until
next year. The situation is only starting. Short term folks
should bail here. This is a tiny company with no real
exposure to the street. Patience is absolutely needed
for the company, and the story, to grow.

Just my 2 cents.

jg



To: _scott who wrote (1540)4/28/1998 12:01:00 PM
From: ThirdEye  Read Replies (1) | Respond to of 2011
 
Scott, I was told that Kennedy is not the one actually selling, but that one of their institutional clients whose account Kennedy was managing decided to manage their own account and sell. Now, I'm not convinced these are the only shares being unloaded, but I presume most of them were purchased as part of the original private placement and the owners have seen enough appreciation to want to bail. That doesn't mean they are bearish on IAIC, but it might mean they are bearish on Y2K or the general market or they see more immediate opportunities.

Heck, I see more immediate opportunities!



To: _scott who wrote (1540)4/28/1998 2:09:00 PM
From: cage  Read Replies (3) | Respond to of 2011
 
Scott,

Sorry about the twisting information. My broker won't allow me to buy IAIC on margin-or at least he wouldn't last time I tried-has it just become so? If I want I can slide other stocks into margin to buy IAIC, but can't do it directly. I would appreciate anyone else's input on this particular issue. It sure has me confused. I'm going to call my broker and see what the story is and if there are some places that will and others that won't allow IAIC to be bought on margin.
I am in for the long haul and for the most part it doesn't matter what the day to day prices of IAIC are as long as in the long term the price is way up there. Sure it can be calming to have the price move up solidly and stay there, I and would prefer it do that, but I have faith that there will be a number of positive moves in the very near future that will put some meat into the stock and we shall see some lift. If as a poster has stated the selling of Kennedy has been to get profits made from having bought the stock in the first PP I can understand the profit taking at this time-they have made a nice piece of change. I will get back to you as soon as I get a better read out of the difference in the margin/non-margin buying of IAIC by the different brokers.
Have a good day all.