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Strategies & Market Trends : Three Amigos Stock Thread

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To: JoeinIowa who wrote (22644)	12/5/2000 10:06:19 PM
From: Ken W	Read Replies (2) of 29382

Joe: Look at this on BLUE: In connection with the Company's initial public offering, the Company's underwriters required that each of the Company's stockholders or optionholders sign a lock-up agreement which prevents their sale of the Company's stock for 180 days following the initial public offering, except with the consent of the underwriters. These lock-up agreements allow for automatic release of a certain number of shares on October 23, 2000 and November 21, 2000, if certain trading thresholds are met. The trading thresholds were not met for either period and therefore no shares were released from the lock-up agreements on October 23, 2000 and no shares will be released from the lock-up agreement on November 21, 2000. A discussion of the lock-up terms is contained in the Registration Statement on Form S-1 filed by the Company with the Securities and Exchange Now I have to find out what the terms of the lockup are...that should give us a target to shoot for. If the target is met..(something Weasel is good at meeting) then we know where to short at. <GGG> Weasel owes me some money, and I intend on getting it back. Ken

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