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

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Walter Morton who started this subject9/28/2000 12:37:18 PM
From: player203   of 191
 
Caplitalist: I hope to read your analysis and forecast soon. I will share with you the lockup analysis for 10/9. Please correct me if you find something wrong.

The unlock amount on 10/9 will be 3,785,972 out of 4.5 million flowing shares. According to my observation in the past two days, I assumed there was at least 1 million shares of secondary offer (3 mil) sold in the market. So, in next two weeks, 5.37 million shares of NUAN could be sold in the market. If the market is bad, some institutions may sell their shares because October normally is tax-loss selling period for most mutual funds. If those institutions bought NUAN through market on 4/13, they can lock 400% capital gain if NUAN is 121 on 10/9.

Since the secondary offer price is 121, whenever NUAN goes above 121, it will encounter the selling pressure. I hope that 3 million shares secondary offers can be sold before 10/9. Otherwise, the stock price will be dropped sharply because too much shares are unlocked at that time.

Please post here and keep this thread in active.

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