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Technology Stocks : Storage Dimensions - STDM

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To: kvogel who wrote (216)9/17/1997 9:57:00 PM
From: Jimbo Cobb   of 311
 
I hope the insiders who wanted to sell the additional shares at the IPO will hold off for a secondary offering after the stock is back up to the 12-15 range or higher...

This potential business would be a carrot held out to the brokerage firms, and would cause them to take more interest in the stock/company knowing that the secondary business is coming down the road.

Unfortunately, that's how Wall Street works, so might as well play the game...selling their shares on the open market now would be ludicrous, in my opinion !!!! If they play their cards right (assuming the company is doing well and earnings will be OK), they can easily get 50-100% more for their shares in a secondary 6 months down the road.

Mark.
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