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Technology Stocks : RCN Corp. (RCNC) - Voice-Video-Internet
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To: Jumper who wrote (88)7/21/1998 6:33:00 AM
From: limtex  Read Replies (1) of 720
 
Jumper -

BE CAREFUL OF SECONDARIES

Take a look at SNDK last Oct/Nov. Goldman Sachs led and sold at $28 or so. The stock dropped almost form the next day and is now at $13.

What was that big jump in the stock price from high teens to low $20s over the last few days/week. I'd look into that one very carefully.

Nice company and good management but that may not have much effect on the share price after a secondary.

Regards,

L
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