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Technology Stocks : NetNation Communications, Inc - NNCI

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To: Danimal who wrote (10)5/1/1999 3:13:00 PM
From: GuinnessGuy  Read Replies (2) of 121
 
Danimal,

This from:

stockquest.net
"14,547,000 basic and 15,097,000 fully diluted shares outstanding. As a group, the shareholders and employees of NetNation own over 66% of the outstanding shares of the Company."

I don't think that this gets you the actual float since I have no idea whether or not the employees can sell their stock. Certainly some of the 66% is restricted, but I have no idea how much. Also, I don't understand why they say "shareholders and employees". Who else is there besides these two groups unless they mean treasury stock(which I doubt). Any ideas?

Hope this helps.

Craig
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