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Technology Stocks : USWeb (USWB) -- Ignore unavailable to you. Want to Upgrade?

To: Alok Sinha who wrote (874)5/12/1999 6:06:00 PM
From: joshi  Respond to of 1188
 
I think this news will not affect the stock at all. It was about 1/4 of its holding in USWB and they made quite a bit on it. (They bought it at IPO). They are taking cash and re-allocating it. Not a big deal. P.S. the pullback today was expected. We need to fill the gap created by the gap up on tues. I think we will go higher before we go lower. Solid support at 24. Good luck all



To: Alok Sinha who wrote (874)5/12/1999 7:51:00 PM
From: Susan Saline  Read Replies (1) | Respond to of 1188
 
that's just a drop in the bucket ...

In a February filing, Intel said it held about 1,277,699 common shares of USWeb, based on the 1,702,699 shares it said it previously held in a February SEC filing. USWeb currently has more than 74 million shares outstanding.

dailynews.yahoo.com


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