Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Audio and Radio on the Internet- NAVR -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (1088)	12/2/1998 11:01:00 PM
From: d. alexander	Read Replies (1) \| Respond to of 27722

Max; do you have a link to that news alert item? I couldn't find it. Congrats on not being paranoid about shorts :-) D.A.

To: LTK007 who wrote (1088)	12/2/1998 11:11:00 PM
From: herringbone_100	Respond to of 27722

Max90, I hope you discover I am completely wrong, but I thought the way it worked was that by filing he announced intent to sell and the share value is that of nov.27/30 I would much prefer to learn that this is not the case.

To: LTK007 who wrote (1088)	12/2/1998 11:23:00 PM
From: gammaray	Read Replies (4) \| Respond to of 27722

Max, I hold that the newsalert wire was the cause for collapse today and will have much less impact tomorrow. As I recall, the stock was down less than 2 for most of the day. It may have added another -2 based on the news wire. The news was released prior to market close and the movers and shakers knew even earlier, thus the heavy selling in final hour. The newswire might have misidentified a form 4 (sold) as a form 144 (intent to sell). The form 4 will have to be filed by December 10 if the alledged sale occurred in Nov. In any event, if the above has any merit then tomorrow may be a brighter day since much of the unwarrented impact of the news was shouldered today. Neil