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Technology Stocks : Storage Dimensions - STDM

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To: Elwood P. Dowd who wrote (59)6/10/1997 10:05:00 AM
From: Jimbo Cobb   of 311
 
STDM under $6 now...probably a good buy if you don't mind HOLDING for awhile...will be interesting to watch this one unfold.

One thing to keep in mind...insiders had filed to sell several hundred thousand shares as part of the original IPO, but the market was weak, and the filing price was lowered quite a bit...the insiders then pulled their shares back and didn't sell them in the IPO...so

1) they thought their shares were worth more than $7

2) they do have some shares they want to cash out of...hmmmmmm...

Mark.
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