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Technology Stocks : Network Solutions (NSOL) -- Ignore unavailable to you. Want to Upgrade?


To: TheStockMonkey who wrote (1004)4/22/1999 4:34:00 PM
From: pater tenebrarum  Respond to of 1377
 
TW, it wasn't profit taking, it was yet another (unfortunately successful) attempt by asensio to manipulate the price of the stock via a press release. the good news is that this means he hasn't covered his short position yet. apparently the latest developments made him fear for his profit and since i'm still long half of my original position i hope he has every right to fear for his profit. it's easy to manipulate i-net stocks and asensio seems to have a knack for it, plus he has a following due to his past successes (none of which, i might add, involved a company of NSOL's stature). having read through his press release i can only say that it seems rather clumsy and misleading. i truly wonder why people fall for this.

regards,

hb



To: TheStockMonkey who wrote (1004)4/22/1999 4:35:00 PM
From: JC Reddy  Read Replies (1) | Respond to of 1377
 
I think NSOL is dead in the short run. I don't see any new developments (other than CEO announcement) that'll push this stock up. Looks like earnings weren't good enough to push this up today.