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Microcap & Penny Stocks : NORRIS COMM - Flash Disk OS

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To: JAMES F. CLASPILL III who wrote (347)12/10/1996 1:12:00 AM
From: Carter Newton   of 523
 
As I try to fathom the reasons why the stock moves on various days, I wonder if there are not people who are selling at a profit at 5/8ths for example? In otherwords, those who aquired stock at a steep discount on the secondary offering some months ago. It is my recollection that an additional 25 mil shares were released via Iacocca capital, and a fellow I spoke to said that we'd have to wait while the the investment bankers dumped their "cheap shares" onto the market. I dont understand these things well. But can we find out who is selling now or at least if ther shares are moving out of a particular brokerage where the VCs are trading?
Burton, where are you???
Carter
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