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Technology Stocks : Navigant International (FLYR)
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To: Mailbu who wrote ()12/30/1998 10:23:00 PM
From: Mike Kwon  Read Replies (1) of 725
 
Only 13mil shares outstanding. Possible higher float.

Have been reading up on FLYR. Looks to me that the remaining shareholders from U.S. Office products are selling their shares due to the recent rise in price. That probably explains the huge volume and small movement. I have read the SEC files and it does not state anywhere that there was an issuance of "new" shares. It states U.S. Office products "acquired" 11mil shares. And these shares were freely tradeable. I figure a few sold after June 98, and the rest are selling off now. FLYR is holding great with so many shares being sold/bought. Long on FLYR.
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