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Technology Stocks : Oclaro, Inc. (Avanex-Bookham)
OCLR 8.2600.0%Dec 10 4:00 PM EST

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To: Techplayer who wrote (90)2/7/2000 4:28:00 PM
From: RavBruce  Read Replies (2) of 2293
 
What do people think about what happened today:
@20% of float traded hands, mostly down.
I think people are concerned about the early lock up release.
Scarcity is what drives these IPOS.
I don't remember who said it, but do you know for sure that the lock-up shares will be privately placed?
Also, going back earlier in the thread: what is the proof that MCI and MSFT got shares at original offer price. I believe that is against the law unless it closed before the price was raised.
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