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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO.
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To: Mavrick who wrote (2153)6/13/1999 12:47:00 PM
From: Jan Crawley  Read Replies (1) of 3198
 
Just heard on yahoo that the float is 7.5MM and and total outstanding is 19.5 MM, can anyone verify this?

Mavrick, how are you.

Equity: Common Stock $.01 Par, 5/99, 45M auth, 20,151,288 issd. Insiders control approx. 26%. IPO 8/98, 3,000,000 shares @ $8.50 by BT Alex. Brown. PO 2/99, 3M shs. (1.75M by Co.) @ $23.50 by BT Alex. Brown.

The above IPO+secondary = 6M shares; and looking at the recent insiders sales, I think the 7.5MM float is a good estimate. No longer a small float stock.
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