SI
SI
discoversearch

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


To: cage who wrote (1571)5/4/1998 10:20:00 PM
From: _scott  Read Replies (1) | Respond to of 2011
 
re: 'I think it is a matter of time and all will be right with IAIC" Maybe so, Joe, but I'd still like to know what caused the massive selling frenzie over the couple of last weeks by the big, professional traders. Less than 20 months ago, the price of IAI was less than $2. So it seems possible that one or more of these big shareholders - the so called PP share holders - can still make a decent profit , and cause devastating price effects for later comers, like me. Although $2 shares could have been purchased publicly since IAI has been publicly traded since 1986. OTH, one of these PPs might have had some kind of inside knowledge, and decided to cash in before it really takes a dive - for whatever reason not currently public. Lots of us have speculated as to what happened. But consider this: just after IAI showed profitability, the price dove from ~16 to ~13. And a week later, when IAI gets a big show at CA world, another %20 percent drop. And all the while - the broader market is at or near an all-time high. It kind of makes me wonder what's going to happen if or when bad news actually arrives. scott