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Technology Stocks : First Virtual Holdings (FVHI): Internet bottom fishing?
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To: TFF who wrote (60)7/13/1998 8:38:00 PM
From: JGarly  Read Replies (2) of 87
 
10 million float more like it. Recent stock issuance to Softbank + conversion of preferred stock have increased the total shares outstanding to almost 31 million. The stock issued on conversion of the preferred is freely tradable. A tranche of 6 million shares was issued to the convertible holders about 3 weeks ago. I would be surprised if these shares are not being sold into the current strength.
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