Columbia Sportswear (COLM) Message Board

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Non-Tech : Columbia Sportswear (COLM)

COLM 49.63

-3.6%

Oct 31 9:30 AM EST

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To: one putt who wrote (26)	9/24/1998 9:47:00 PM
From: Dennis Tom	Read Replies (1) of 38

Craig, From my research, 25 million is the float (how many shares being traded publicly). You do bring up a good point. I really don't know how many shares the family owns. I think read once that Mother Boyle herself owns about 4 million shares. So I think your numbers may be correct if the family owns 78%. Factor in institutional holding and there doesn't seem to be much left for everyday trading. I have to check into this further. Unfortunately, I left my COLM folder at work. Still, a float of 25 million isn't a whole lot when compared to other stocks. Todays activity was better than I thought. Decent volumes and not much of a price swing. Too early to call right now if a support level is developing. We will probably have to wait a week to really see. If the Feds decide to cut rates then this stock will definitely benefit. Did you get back in today? Regards, Dennis

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