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Technology Stocks : Roaring Internet Stocks
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: chalu2 who wrote (1347)3/3/1999 12:48:00 PM
From: Walter Fabisiak   of 1530
 
Chalu:

The financing was a straight stock deal where the company offered restricted stock at a discount to market. Most of the stock was purchased by existing stockholders, their relatives and friends.

This was NOT one of those notorious "floorless" convertible deals where the stock goes into a death spiral because of naked shorting.

Walt
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