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To: Paullie who wrote (737)2/21/1999 10:30:00 AM
From: Norms  Respond to of 2136
 
Paulie,

I hope this answers your questions. Market makers walked the price down very quickly at the end of the day on Friday to accumulate shares for Monday and the launch. People started to put in market orders to sell which facilitated the walkdown nicely. Those folks shares are out of the way and are ready to be resold on Monday - the rule of supply and demand. Would you buy something on Friday afternoon for 2.50 that you could resell on Monday for 3.00? Of course you would. Enormous volume at the end of the day would have indicated bailing. Too many great things about to happen. You can't fault profit taking from those who were in at a much lower price. Always protect your initial investment and let the rest run.

Many of us have spoken to Mike Porter and done our DD and we have been told to expect news this week - probably Monday. Any company about to launch a highly anticipated Web Site would naturally release news to support the launch - again, just common sense. We'll find out about the deal with the big chain soon enough.

I don't know your level of investing experience, but this will be a learning experience, and one that you will hopefully be able to apply to your future investments.

In the meantime, have a great weekend and see you on Monday........Norms