3DO: Hot Games for Hot Machines (THDO) Message Board

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Technology Stocks : 3DO: Hot Games for Hot Machines (THDO)

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To: Bruce Prescott who wrote (4041)	11/14/2001 1:31:58 PM
From: (Bob) Zumbrunnen	Read Replies (1) of 4081

Enough buying interest that even RSSF let it come up a bit. But they're still all over the offer here at $1.59 If it were possible to know how many shares they have left to unload, that'd be terribly valuable information. It would seem likely they're unwinding an institutional position (can't blame them -- it's a coin toss with this company anymore), and I'd guess they've sold around 2M shares so far. Total institutional position is about 13M shares according to QCharts. No way to tell if they're nearly done or still have a bunch to go. But until they're done, the ceiling is real visible and the floor could stay where it's at or fall right out, depending on the whim of Mr. Market.

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