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Technology Stocks : First Virtual Holdings (FVHI): Internet bottom fishing? -- Ignore unavailable to you. Want to Upgrade?


To: Lazlo Pierce who wrote (32)5/1/1998 10:38:00 AM
From: slipnsip  Read Replies (1) | Respond to of 87
 
Okay guys, I just bought some after reading the briefing.com article out at 10:17 am this morning. Feel free to hype the heck out of it! :)

""10:17 ET First Virtual Holdings (FVHI) 1 11/16 +11/16 (+69%): Provider of marketing and customer service systems for Internet commerce, announced that SOFTBANK and certain of its affiliates have entered into a definitive agreement with the company to purchase 10 million shares of FVHI stock at a price of $0.60 per share. Took a while for this one to open, and when it did, stock had gapped 53%. Issue ran to $2 (+100%) before beginning to retreat. This is definitely a high""
risk play, one that may already be exhausted. But since this is the stuff you guys like
to trade, we're delievering the news to you. Volume 538K. Press Release