HNV breaking out on Internet deal with Excite! Message Board

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Microcap & Penny Stocks : HNV breaking out on Internet deal with Excite!

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To: UNOO who wrote (5)	12/31/1998 12:01:00 AM
From: Arizona997	Read Replies (1) of 101

Very informative post regarding Basil Regan. I am curious regarding what effect Regan's extensive holdings have on HNV's float. The float is reported as 37.9 million shares, and Regan's holdings have been estimated to be as high as 36 million shares. Regan's "closely held" shares bought on the open market, in my view, should effectively reduce the float to less than 2 million. We all know it doesn't take much to really move a stock with such a small float. I wonder if that is what Basil R has in mind? Gary G

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