Phone.com [PHCM] Message Board

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Technology Stocks : Phone.com [PHCM]

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To: chirodoc who wrote (824)	1/26/2000 11:01:00 PM
From: Nick	Read Replies (3) of 1080

Maybe we should keep an eye on this stock, 1-800-Flowers to see how it will react to it's lock-out expiration. Thestreet.com posts a long list of stocks that this will happen to over the next few weeks. I'll try and post updates so we can see some reactions. I own PHCM at 117 and am a bit concerned... "In the meantime, there is at least one expiring lockup you should be watching closely next week. Take a look at 1-800-Flowers.com (FLWS:Nasdaq - news). The lockup expires on Jan. 29, at which time approximately 38,642,325 shares become eligible for sale. This is a big chunk of stock, and represents a full 62% of the 61,621,677 shares outstanding. This has not been a pretty chart and I suspect it will only get worse." Nick

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