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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (7031)	4/21/1999 6:35:00 PM
From: IRVINESULLY	Read Replies (1) \| Respond to of 52051

Stock Watcher... I recently learned of a stock with the symbol DVDT... It's relatively unheard of YET... Interesting situation though....It's a new stock, and has about 22 mil. in the float....EXCEPT until just very, very recently, the float was completely owned by Insiders. They have just begun, I have heard to start dribbling shares into the market...And though I have no exact numbers, I have heard "dribbling" is an overstatement. The shares in the public float are extremely tight, and the insiders aren't letting much of it go..Past two days, it has crept up from about 3, to close at $4 3/8 today, without too much volume (approx. 38,000) at this moment..There just isn't that many shares to be had... As they are just starting to create liquidity, and will continue to do so slowly, the stock is ripe for a very good surge....DVDT is into the new generation jukebox..It is rumored that the people who are getting behind it, really do an excellent job in getting a stock price up.. I will try and find out more, and get back with you.. THNX Ginny