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Technology Stocks : iBasis, Inc.
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To: 2MAR$ who wrote (50)6/4/2000 4:09:00 PM
From: sam  Read Replies (1) of 211
 
At this time -- imho -- the unlocked shares in some of the better companies will likely be dealt as blocks to institutions who want in -- but who don't want to start bidding the prices up where the floats are too low. Not to say insiders will be dumping at this level. I can't see that happening. Nor that IBAS is yet one of the better companies -- though I do think there is incredible potential in the top VOIP plays. Inevitably, however, some shares will come out shortly. That said, I missed the sale at $13.00 and would like to pick some up on the next round trip -- if there is one. May have to wait a bit, though, I'm afraid.
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