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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (283)1/28/1998 10:47:00 PM
From: Cary C   of 29382
 
>>>Cary, the Allstate share count was previous to their sale of 555k in Dec. They now have 334k.<<<

This a clear cut case of the teacher correcting the student.Or so it appears? This time the student believes he is correct.

Amigo, according to the insider site, Allstate registered as of 9/30/97 still owning 889k shares since the shares and option for overalotment did not take place until November 25,1997, I would think that they would have been additional shares that they closed on the 16th of December and sold on the 18th for an average price of $ 4.19.

biz.yahoo.com

Your loyal and humble student waiting to be corrected if he is wrong.
Because I know you really hate it when I'm right <vbg>

Amigo Cary

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