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Technology Stocks : RAVISENT - RVST

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To: D. K. G. who wrote (51)2/19/2000 9:51:00 AM
From: Jim O'Connell  Read Replies (1) of 82
 
Bought in on Friday at $20.50 as I see it as an good opportunity. The news on the delayed earnings must be frustrating for those of you that bought earlier and at much higher prices, however rememeber Managment have allot to lose also, consider the drop in their net worth this week. I am really surprised by all this at this time since , with the recently expired lock-up that they would want to sell some shares.
Take note of Insider holdings and Institutional buying recently. Ownership
Insider: 61%
Institutional: 40% (101% of float)
(40 institutions)
Net Inst. Buying: 5.10M shares (+46.80%)
(prior quarter to latest quarter)

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