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Technology Stocks : Modem Media . Poppe Tyson (Nasdaq: MMPT) -- Ignore unavailable to you. Want to Upgrade?

To: Todd Reichardt who wrote (267)2/8/1999 4:31:00 PM
From: Irish King  Read Replies (2) | Respond to of 821
 
The trading day is 6 1/2 hours long...this stock opened at 48 and the sold off fast after it hit 49 3/16...for the remaining 5 1/2 hours of the trading day it was virtually a straight line at 40.. What do you make of this? Ralph Acampora gets the blame for the Internet stocks getting bashed while the rest of the tech sector was enjoying a nice run up... Should MMTP be heartened over today's performance?



To: Todd Reichardt who wrote (267)2/8/1999 7:05:00 PM
From: Kimberly Lee  Read Replies (2) | Respond to of 821
 
Yes, Robbie Stephens was bravely supporting MMPT all day at 39 7/8, and later on, Monty joined in, with BEST just a fraction below at 39 3/4. GSCO also lent a hand of support by bidding 100 size on INCA at 39 7/8, absorbing quite a bit of selling.


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