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Technology Stocks : NUANCE COMMUNICATIONS (NUAN) -- Voice Interface Software
NUAN 54.840.0%Aug 11 5:00 PM EST

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To: bambs who wrote (94)9/5/2000 7:19:21 AM
From: cdtejuan  Read Replies (1) of 191
 
A fund would be completely stupid if they wouldn´t cash in 800% since the ipo. They can easily sell at least 50% or their holdings. This will sink NUAn´s price more than 50%. If they want to rebuy their shares, they can time the market as they can stop the selling and stimulate the next run when their big buy orders hit in..

For the big guys, it´s a win win situation.

BTW, this spo seems like insiders hide their insider sales under this secondary offering. They could have sold this million of shares easily on the market and the effect on the float would be the same. Just that it wouldn´t look that good to see their insider bailing in print.

juan
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