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Technology Stocks : SSA (SSAX) BPCS/Client Server
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To: MAURICE J. SADOWSKY who wrote (480)1/28/1998 11:16:00 PM
From: kvogel  Read Replies (1) of 915
 
Maurice or anybody else,
What is the float on SSAX? i.e. how many shares are the public and MM's dealing with. One of the services said institutions own 52% but does this include amount owned by CEO (33%)? I believe this volume is very significant since the 5 million shares traded in the last 6 down days could be a large part of the float although I believe it is mainly from CA or a single fund or investor. At these prices SSAX ought to buy some of its own shares for later redemption of the convertibles which are down to 82.

Karl
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