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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO.

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To: David Browning who wrote (1196)3/5/1999 12:22:00 PM
From: Big Al  Read Replies (2) of 3198
 
>>AL, I'm having trouble with the lock-up numbers.<<

I double checked with DR about the lock up share amount after I saw what you were talking about concerning whether 3mm or 7mm shares were going to be unleashed for trading. The wording in the prospectus and the S-1 is very poor. I was confused to so I re-checked the number.

DR assures me that it IS NOT 7mm shares that are being un-locked, but rather approx. 3,178,000. The total float after Mar. 10 will be something in the neighborhood of 7,700,000 total, including option related shares.

Call DR IR dept. and talk to Jodie.

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