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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: d. alexander who wrote (25486)	3/7/2000 1:25:00 PM
From: drsvelte	Read Replies (1) of 68350

13:10 ET Clarus Corp (CLRS) 128 +9 (+7.5%): B2B e-commerce company prices 2 mln share follow-on offering at $115 per share. Dorothy, I don't have much experience playing secondaries. My most recent experience was with NMSS. The stock reached a new high last week the day before the secondary was offered. It took a 10% hit in two days, but since Friday has recovered all to hit a new high yesterday. I may look at CLRS.

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