OnSale Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : OnSale Inc.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Norm Demers who wrote (1271)	7/17/1998 10:28:00 AM
From: D.J.Smyth	Read Replies (3) of 4903

The proposed offering price is $26.35, $2 more than current trade. www1.freeedgar.com so, they're proposing to offer 1.8 million shares at $26.35, and it's trading at $24.35. obviously, the underwriter believes the stock price offering is worth more than the market is currently pricing it at. generally speaking, with such an offering so close to earnings, it is probable earnings are going to be well received; especially with an offering above the current market price there is a bottom cupping on the 15 min oscil commodity channel at currently at -200, well oversold condition

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next