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Technology Stocks : Storage Dimensions - STDM

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To: Harry G. Birmingham, Jr. who wrote (215)9/17/1997 8:26:00 PM
From: kvogel   of 311
 
About 250,000 shs will be eligible for sale at the 6 month period. Then 144 regulations limit amounts that can be sold for a while. I'm sure we'll see some selling of shares because management originally was going to sell 300,000 shs for over-allotment in the IPO but demand was not great enough. However, if the company is going to have good earnings and grow at 25-30 % as in their plans, I see price increases in STDM stock and only a minimal effect of stock sales. The only way for employees to get rich and profit from growth in STDM is to hold the stock and let it grow with the company. There will always be some selling for personal reasons like a car, house, vacation, etc. but I don't expect any massive selling til the stock is considerably higher.
Just my opinion!

Karl
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