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Technology Stocks : Bitstream (BITS)

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To: Hoover who wrote (32)7/14/1998 6:39:00 PM
From: Gutterball  Read Replies (1) of 108
 
On May 11, 1998 there were 6,657,384 shares of Class A Common Stock, par value $0.01 per share, and no shares of Class B Common Stock, par value $0.01 per share, outstanding.

All directors and executive officers as a group (9 persons) own 1,451,818 shares or 19.0% of class.

PRINCIPAL STOCKHOLDERS

695,300 ... 9.1% ... Heartland Advisors Inc.

668,417 ... 8.8% ... Privest I N.V.

665,244 ... 8.7% ... Privest II N.V.

646,616 ... 8.5% ... JHI Development Capital Limited

382,608 ... 5.0% ... BancBoston Ventures, Inc.

Appears 4.5 million shares are held by insiders or institutions. Doesn't leave many shares free trading, unless some of these guys are selling.

If volume trading continues, BITS should move higher.
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