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 : iBasis, Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Doug Smith who wrote (78)10/5/2000 7:50:14 AM
From: Jim Oravetz  Read Replies (1) of 211
 
I do not have answers to your questions. After the IPO this stock went to $90 in a very short time. A pullback has occurred. IMHO, it has been overdone.
The company lockup period has ended - maybe lots of employees have been selling. I would have thought they would have held out longer to get better prices - considering the price it was at. There was a secondary offering - priced at $70 - that as far as I know did not happen (since the stock tanked alot lower that $70).

Not much input on this thread. I suggest the Yahoo/Raging Bull/Motley Fool web sites of other posts.

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