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 : 7th Level -- Ignore unavailable to you. Want to Upgrade?

To: Scott Pedigo who wrote (913)	5/1/1998 10:48:00 AM
From: slipnsip	Respond to of 1019

More of the same...... "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 efinitely 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" Lets see if they can run this over $5 so I can short it too! The above from Briefing.com

To: Scott Pedigo who wrote (913)	5/1/1998 5:12:00 PM
From: Gokhan Gezmisoglu	Respond to of 1019

one of the best posts I have seen on SI. thanks, Gokhan

To: Scott Pedigo who wrote (913)	5/1/1998 8:47:00 PM
From: Joe Casey	Read Replies (1) \| Respond to of 1019

>>In two or three quarters revenue starts trickling in, giving a basis for the proper price.<< That's putting it optimisticly, although trickle is a good word. The biggest moment of truth will be when SEVL reports quarterly results and people begin to realize that the road up to greatdom is so far away....bordering on inconceivability (or even chapt 11). I still say that if their technology was anything to envy, another company like Macromedia would have been all over their game. But since others could care less, SEVL will fall back to where it was comfortably sitting before this nonsense - a lot of promise but no results to back up the inflated stock price.