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Strategies & Market Trends : Options

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To: Poet who wrote (1081)1/13/2000 2:35:00 PM
From: steve mamus  Read Replies (2) of 8096
 
AHHHHHHH.....the statistics per Barrons or go to www.ipolockup.com

Tale of the tape

RHAT
Issue price 14
Shares sold 6 million
Shares originally issued 68.7 million
Lockup expired 2/7
Shares released 60.5
Absorption time 380 days

"The expirations change the dynamics of trading the stock...by dividing the number of shares to be released by the average daily volume, the number of days needed for the market to absorb the overhang can be calculated".

What will happen?? I don't know for sure but I strongly suspect that I won't be buying this one anytime soon. Unless there is some new incredible fundamental news it would seem to me that the possibility of a supply demand imbalance could exist. Don't you think??
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