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Technology Stocks : Tut Systems, Inc. (TUTS) -- Ignore unavailable to you. Want to Upgrade?

To: FNS who wrote (98)2/11/1999 9:58:00 PM
From: Dakota Sullivan  Read Replies (1) | Respond to of 293
 
Today's action likely due to 1)unrestricted syndicate buyers flipping after the IPO against relatively small float (4MM I think?) 2)profit taking after big run-up from 18. Stock showed fairly good technical strength last few days in weak market (smaller % decrease than other networkers).



To: FNS who wrote (98)2/12/1999 10:23:00 AM
From: IBMikey  Read Replies (1) | Respond to of 293
 
FNS
Sorry for my statements...in a rush. This being an IPO/profit taking
and volatile sector is what I mean by going down. The downside risks
right now are too high for my blood, but good luck to you.


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