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Technology Stocks : Viatel (VYTL)
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To: Jack Gibson who wrote (105)5/20/1999 10:19:00 PM
From: Jack Gibson  Read Replies (1) of 157
 
THREAD: Todays announcement oa secondary offering of 4,700,000 shares(of which 700,000 comes from insider sales.....not that I blame them)
dilutes the stock rather severely. If they use all or most of the money to retire corporate debt, then OK. If not then I'm gone.
Good trading to all,
Jack Gibson
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