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To: ted birnbaum who wrote (357)3/7/1999 11:23:00 PM
From: Instock  Read Replies (2) | Respond to of 703
 
ted: " ''We see 7th-Street as one of the best undervalued investments on the Internet,'' says a New York money manager who has nearly 5% of the shares "

I guess this New York money manager with nearly 5% of the shares would say " The stock, trading at nearly 3, ''could triple in 12 months,''

If I owned 5 % of a company, I better be bullish!!
I also might be just a little bit over optimistic!
If a 5% holder thought it was going to tank, I am sure they would be tempted to hype the stock to save their A$$.

Like you said, most inside shares are in very weak hands.

Instock