Veeco Instruments-Who? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Veeco Instruments-Who?

VECO 29.28

-3.5%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Iceberg who wrote (2815)	5/9/2000 4:34:00 AM
From: macavity	Read Replies (1) of 3069

Sorry IceMan. VECO merged with CVCI - correct? CVCI had an IPO last Nov issuing 3M shares or so- correct? With effect from today all the "insiders" of CVCI are allowed to sell the remainder of the 8M, or so, shares that they were not allowed to do over the past 180 days. The stock is up from the IPO price, there is a slight chance that anyone who has made a profit from getting their CVCI at below the IPO price (or for free) may actually be looking to sell these or VECO (in lieu) in the market. This is not guaranteed, but w.e.f. today they are now legally allowed to sell the shares in CVCI that they had pre the Nov99 IPO. The merger with VECO does not have any affect on the terms of this lock-up. Look at the AKAM board to find out more about the IPO or look at the S1 SEC forms relating to the terms and conditions of the CVCI IPO. Lock Up refers to shares "locked up" from the market. ipolockup.com I hope this makes sense - macavity

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next