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Technology Stocks : Phone.com [PHCM]
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To: Otis who wrote (756)12/23/1999 10:12:00 PM
From: Pat Hughes   of 1080
 
The selling of closely held shares has been relentless. This time around, I believe there were something like 11 million closely held shares allowed to be sold.
Come February their is going to be 34 MILLION shares "unlocked".
It is frightening to think what that is going to do to the price.
I may average down again at that point. Other than that, this has been diificult to watch.
I am just surprised at some of the entities that have filed to sell. (If things are supposedlly so good for this comapny)
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