SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Crossroads - CRDS
CRDS 1.9000.0%Aug 28 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: IAP who wrote (32)10/20/1999 8:41:00 PM
From: RockyBalboa  Read Replies (1) of 164
 
it rose today because the IPO was unexpectedly strong aftermarket. But keep in mind the IPO backdoor effect.

And, ADIC has roughly 20.2M shares out, so the 2.6M are roughly worth $10.2 (78,5 * 2.6 / 20.2) without discount. Apply a discount between 30% and 50% and the CRDS investment adds about $5 to $7 to ADICs book.

Usually backdoors tend to sell off as soon as the affiliate IPOed.

DBCC/MKTW, DLIA/TURF, KLOC/SRCH, MALL/UBID WCAP/COOL, CCEE/SWRX ICIX/DIGX are good examples.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News