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Technology Stocks : Axcelis Technologies, Inc. (ACLS)
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To: Thomas DeGagne who wrote (80)12/29/2000 10:38:12 PM
From: WTSherman  Read Replies (1) of 195
 
<I expect there will be a lot of funds selling these shares next week. Could be a buying opportunity for anyone with cash to invest.... <

Yes, 80 million shares is an awful lot to dump on the market, particularly given the amount of ETN held by large cap, G&I funds. Clearly, some of the shares will be transferred through internal sales to other funds within these institutions, but, an awful lot of them will have to come on the market in the next month or so. I would wait at least two weeks before buying..
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