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Technology Stocks : Warp 10 Tech. (WARP) -- Ignore unavailable to you. Want to Upgrade?

To: IngotWeTrust who wrote (1017)7/10/1998 11:17:00 AM
From: Winston Kim  Respond to of 1164
 
Looks like news leaked and ran prematurely....then news finally came out today...

11:05 ET Warp 10 Technologies (WARPF) 3 11/32 +1/32: Recent high-flyer has surged out of negative territory this morning, after company announced it has signed a channel partner agreement with GE Capital IT Solutions. Under the terms of the agreement, GE Capital IT Solutions is appointed as a non-exclusive worldwide representative to promote and sell Warp 10 products. Volume 1.4 mln; intraday range 2 13/32 to 3 1/2. Chart



To: IngotWeTrust who wrote (1017)7/10/1998 11:20:00 AM
From: RDH  Read Replies (1) | Respond to of 1164
 
The fact that this stock has bounced back up to 3 is a very positive sign. In a purely speculative situation, one could have expected a continuing drop, but what we are seeing in supportive buying, as if there is some fundamentally sound reason to purchase these shares. I really think that one or more big buyers are seeing this as a growth play.

- RDH.


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