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Technology Stocks : Dega Technology, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: M. Carver who wrote (85)3/9/1999 11:37:00 AM
From: invests  Read Replies (1) | Respond to of 108
 
Here is some more news on DEGA, I got this from Thomas Loyd at Investors Alert, he said a report is going out today. He told me a little of what is on it.

First, he said probably don't expect any news until the second week in April, that will be about the closing of the acquisition with Spectre. But, he also said a market maker is definitely buying stock at the bid, at $4.25 and he said it looked like all the selling has ended, he thought the selling was probably people who bought when it was down in the $2 and $3 range. He said over the next few weeks we would probably see this stock much higher.

He said an investment group is involved with DEGA that took WCTI from $2.50 to $36.00 in 2 months, and he compared what is happening to DEGA with what happened to WCTI, starting in the first week in November of '98. Mr. Loyd even showed me a post on S.I. on Nov. 18th, post # 185 under Wordcruncher Internet Technologies, Inc.(WCTI) where people were commenting on market makers accumulating stock. Then the stock went from $2.50 on Nov. 18th to $5.50 on Dec. 4th to $8.38 on Jan. 6th to $36.25 on Jan. 25th.

This is some pretty interesting stuff, so I thought I would post it, I also knew about this investment group, back on the 3rd of March and I posted a question on the WCTI thread asking if anybody remembers how WCTI was trading the first week in Nov.'98. If I get a response I'll post it here.