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

To: roulette who wrote (371)	2/14/1999 10:56:00 AM
From: LevelHeaded	Read Replies (3) \| Respond to of 821

Roulette, I have not checked this thread since last weekend, and have thoroughly enjoyed reading your posts. You clearly have no idea what you are doing and are a posterboy for why some sort of licensing requirements for online investors should be instituted. Suing MMPT management or the underwriters??? They both thought the company was fairly priced at $16. That's all the company got for their shares. Now I am sure they thought it would trade at a premium, but not 51. I know for a fact that the CEO and CFO were skiing together all day Friday and didn't find out about the trading price until 3PM. They were as surprised as anyone about the premium. Remeber, no one at the company has (or can) sell a single share for 180 days. You are whining about $8,000!!! The CEO owns 1.1 million shares -- on paper, he has ?lost? about $25 million. As for the underwriters, they tried to support the stock at $40, but obviously selling pressure broke that price. They were not the ones that caused the stock to open at $51. It was idiot investors like you that sent the price that high. The one thing I know for sure is this: MMPT has a HUGE backlog of work right now and their only problem is client demand for their services. Long term, this stock is a tremendous company to own. Levelheaded (unlike you)