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 : CheckFree (CKFR)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Gintel who wrote (161)6/12/1997 12:40:00 PM
From: Robert Gintel   of 8545
 
The other shoe has dropped.

The early venture capital investor referred to in my previous post
has monetized half its investment in Ckfr by selling 1.3 million shares
to a few institutional investors at $17 per share through Furman Sells.
What is particularly interesting is that the investors were willing to
pay up for the block from the then current current market price, rather
than try to buy the big block at a discount. In any event, those
shares no longer overhang the market and that potential investor
concern is out of the way.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext