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To: Go Fast who wrote (2234)5/6/1998 10:40:00 AM
From: xbrent  Read Replies (1) | Respond to of 8242
 
I think a large buy came thru at @ 10:27 for 140,000 shares it was less than ask, my green light was on with the trade, could have been late report of earlier trade. Buying volume increased immediately after the trade.



To: Go Fast who wrote (2234)5/6/1998 10:51:00 AM
From: Ice Cube  Respond to of 8242
 
I said the other day it was trading well. Looks like the stock cleaned up, sellers seem to be gone, and over-hype is gone. Now for business..... Is it a great idea ??? YES, and I always thought itwas. But, I always trade AFTER I see how the deal was put together. I wish the deal had a lot fewer shares in it... maybe 7 million total, it would make for a lot tighter play. Every point on the stock is a $37 million change in market cap. The concept is great, the cost of business is low, and they don't need much of an infrastructure to pull it off. This stock has the potential to trade a huge amount of clean volume every day and the stock move slowly, which is fine as long as the stock heads up. Do you buy it here ?? After I read the financials, I'll give you my opinion. Remember, I don't look at the financials at this point to see a balance sheet (it will be limited), I am looking for who is involved in the deal and how the deal was put together. That's how I am looking at this one. I am only slow here because of the hype that took place early in the game and the larger # of shares involved.