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


To: Matthew F. Kern who wrote (1651)5/30/1998 3:47:00 PM
From: _scott  Read Replies (3) | Respond to of 2011
 
What's the big deal ?
Yeah, I'm also really happy about yesterday's "phenomenom", especially in light of the rest of the market (although the Russell 2000 was also up).

However, I still do not understand why IAI just suffered it's 52 week low the week before, coming off of all of the positive news (e.g., unexpected profitability, CA-World, new contracts, etc.). I guess the private placement types deciding to sell during CA World is somehow supposed to explain why the price was shot (requiring me to come up with cash to avoid a margin call). So now the price is where a little over a month ago I would have thought it was a bargain.

I'm still long for the long term, but let's look at yesterday's "tick" with some perspective and realize that more good news can easily be followed what happened with last month's "good news".

On the other hand, maybe IAI's price can continue to make some large gains, because now it is still a bargain.