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Strategies & Market Trends : Trader J's Inner Circle
NVDA 185.67-0.7%10:25 AM EST

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To: LTK007 who wrote (44967)7/18/2001 3:29:22 PM
From: figanin  Read Replies (2) of 56532
 
JNPR
IPO date 25-Jun-99
OPEN 105
HIGH 106
LOW 94
CLOSE 98.875
VOLUME 7,472,300
Split Adjusted 16.4792
Splits 1/18/00 3:1 and 6/16/00 2:1

Shares offered were 4.8M + an over-allotment of 720,000...so about 5.5M shares at first.

Float is now listed at 157.2M and shares outstanding at 320.7M. I suspect the public float is now quite a bit larger than that rather dated 157.2M figure.

These former high flyers are going to require some really good news to attract the kind of interest required to absorb that supply...check out the float on CSCO !
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