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Technology Stocks : MindSpring Enterprises (MSPG) Another ISP. -- Ignore unavailable to you. Want to Upgrade?


To: Mark S. who wrote (400)7/31/1998 3:19:00 PM
From: Joe Casey  Read Replies (1) | Respond to of 1434
 
Options will not start trading until Monday 8/3. As for the stock being over or undervalued, that is obviously open to interpretation. Try telling AMZN shareholders that what they're currently holding isn't worth $111 but is in fact worth only 40 bucks. Should MSPG be at 30 instead of 42? Or if it was at 60 then should it be at 42? The overall market condition has more say in the price of MSPG day to day than anything else. If the market was strong after it split I wouldn't doubt that it would be at 60 right now.