WW I have question. Where did you get the information on the MM that were buying? (and no, this is NOT a question of your veracity, but is a question from an ignorant amateur who would like to be able to figure this out and do the same thing for a couple of other stocks such as APM, AMSC, NANX, SRM, BBA, and ASYT).
An interesting point is the Dow Jones article that I have attached a portion of below (ran June 4, I believe):
------- snip --------
Hyundai Electronics Unit Files Initial $575M Of Stock
Dow Jones Newswires
WASHINGTON -- Disk-drive maker Maxtor Corp., a unit of Hyundai Electronics Industries Co., filed an initial public offering valued at $575 million.
In a filing with the Securities and Exchange Commission, the Milpitas, Calif., company didn't specify how many shares would be sold. The stock will be offered to both U.S. and international
investors.
Underwriters include Solomon Smith Barney, Hambrecht & Quist, Lehman Brothers, Merrill Lynch & Co. and NationsBanc Montgomery Securities.
---------snip-------
Article goes on to say that some will be sold by Hyundai and that $225.5 million will be used to repay debts. I just find it interesting that Hambrecht&Quist, Lehman Brothers, and Merrill Lynch are common to both and Maxtor certainly could be a customer for RDRT or APM.
Are these coincidences or do they actually mean something for us?
Donald |
