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Technology Stocks : Red Hat Software Inc. (Nasdq-RHAT)

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To: Mohan Marette who wrote (458)	8/13/1999 12:20:00 PM
From: David Lee	Read Replies (2) of 1794

Mohan and all -- Well, yes "nosebleed" territory at $5.6B capitalization. However, I can certainly see it going higher since we are turning over the total float each day, the cost averages for people are getting higher and higher. The question is (please respond anyone with a Series 7 or whatever) when can the institutions and insiders start to sell? On day one, the public float was only 6M, but I'm sure it's way way higher if the insititutions are able to sell. Does anyone know the rules here? Thanks, David

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