Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: debra vogt who wrote (56392)	8/18/1999 3:34:00 PM
From: lee kramer	Read Replies (3) of 120523

DEBRA V.: BEAM, I'm not sure when, announced a secondary offering. Secondaries stop a stock in it's tracks. Once the secondary is complete, the stock may resume it's move; remember NITE's secondary? The day or the day after the secondary the stock bottomed at 32 1/2 and it was up up and away. Nothing's 100%, but I cannot ever recall a stock moving up sharply after the announcement of a secondary.

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