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To: Charles Victor who wrote (6423)6/1/1998 5:39:00 PM
From: Malko  Read Replies (1) | Respond to of 8242
 
Welcome ,

There will come a time when the MM's will have to cover their short position.
Your post confirms the tightness of the float .

I don't think your broker isn't sharp.I think there are not many sellers out.

BTW most of Europe is closed today. So IMO our friends from Belgium could not buy anything on the market today.
The stock is as tight as ever and it will run on real news, not hype, which is a healthier situation.

Regards
Malko.



To: Charles Victor who wrote (6423)6/1/1998 6:46:00 PM
From: Stephen  Read Replies (2) | Respond to of 8242
 
Charles Victor - I agree that the internet stocks cannot be evaluated on the same fundamentals as most other stocks ....(unless one can find any stocks which have similar growth prospects !) ... which is where many analyst comments/ratings fall down.

On the two times I've bought the stock, execution was pretty slow on one occasion and also filled in two lots (this was after the stock became so popular !) .... I've forgotten what the float is on this one, but I didn't think it was that small - can anyone remember ??.

I still haven't seen the report on CNBC so can't comment ... :{

Good luck all

Stephen