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Technology Stocks : GSLI Lumonics

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To: Ram Seetharaman who wrote (259)	7/10/2000 8:45:56 PM
From: y3k	Read Replies (1) of 328

::} Funny !! From the Ottawa Citizen Article, it states that several officers planned to exercise some of their options at the time of the secondary offering of 4 mil shares at $17 (quite impressive since they did not pull it off the market considering that the NASDAQ was trading at it's lowest point - 3200). "I wouldn't be surprised if one of my colleagues was sitting there saying 'Why didn't I wait a month,"' Mr. Bradley said in an interview." ottawacitizen.com So there was not sufficient demand in the market during this time and they held off exercising their options. Smart move since they got $22 instead of 16 1/8 - 17. Very disturbing, isn't it ?? Here is an opinion from an equities author in regards to full valuation courtesy of Raging Bull. FWIW !! america-invest.com Long GSLI !! y3k

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