SI
SI
discoversearch

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 : Bluestone Software Inc-(BLSW)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve who wrote (50)6/14/2000 10:11:00 PM
From: ms.smartest.person  Read Replies (1) of 67
 
Hi Steve --

You may be correct, but that type of deal is fading. I did not read the Edgar filing on BLSW, but the insiders are probably invested well under $5/share and with options below $1.

We have a pre-IPO private investment that was set to IPO this year (now it is a maybe). Our shares range from $0.10 to $4. The original investment was $4/share; the $0.10 shares were offered after our original investment, based on that orig. investment. At the time, we thought this company would be purchased at or before the IPO for no less than $100/share.

This is not the same world that existed at the time we invested -- about the same time the BLSW investors were shelling out their bucks.

Will be interesting to watch.

Merry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext