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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: RockyBalboa who wrote (11985)11/18/1999 9:42:00 PM
From: RockyBalboa  Read Replies (1) of 18998
 
Well...

DITC hit $207 after hours and ended $195 after posting 0.68 (instead of 0.32) for the Q. At $200 the stock is anything but cheap, but I thought that earlier, too. It keeps rising.

Interesting to see how the stock reacts on the underwriter lock up of 2.5MM shares, short term. It willl remove the no float situation, but who says the market can't take up 2.5MM shares?
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