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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: jlib who wrote (31309)4/20/1999 11:01:00 AM
From: Nazbuster  Read Replies (1) of 122087
 
Jimmy, here's an important note about ETEK - From S8 filed 3/31:

The stockholders of E-TEK Dynamics, Inc. listed below may offer and resell up to 5,816,666 shares of E-TEK Dynamics common stock under this prospectus, for their own accounts. E-TEK Dynamics will not receive any proceeds from the sale of the shares.

With only 5M in float to start with, this is very dilutive. I don't know when the sales will actually take place or how many shares will actually hit the market.

You can find the S8 on FreeEdgar: freeedgar.com
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