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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (3849)	7/16/1999 12:18:00 AM
From: Ruffian	Read Replies (1) \| Respond to of 54805

Frank, I think Irwin is "sticking" it to the Fund Managers. eom.

To: Uncle Frank who wrote (3849)	7/16/1999 12:22:00 AM
From: Ruffian	Read Replies (1) \| Respond to of 54805

Just Got This Off Yahoo Interesting> Here's how it's going down - listen up by: three_quarks_for_muster_mark (00/M/Earth Orbit) 25800 of 25801 ueTech - regarding the "140.69" number in the SEC filing - The question you ask is more important than you realize, and IMHO it's just one more illustration of the brilliance of the Q management team (hats off to Thornton especially). Check it out: Knowledgable posters on the SI thread say 140.69 is just a 'placeholder' number put there to calculate the SEC filing fee...the actual price that the institutions buy at (and therefore the total amount of $ that flows into Q's voluminous coffers) will be somewhere very near (or at) the closing price the day BEFORE the shares are offered to the institutions. The price in the final SEC filing will be updated to match this number. So follow this chain of events backwards - 7/21 Q addition to S&P500 official. Institutions get to buy the 4+MM shares at the closing price on the day before, which was -> 7/20 day after earnings, which were reported on -> 7/19 (after market close) earnings, conference call Now ask yourself three questions: 1) which is likely to make the closing price higher on 7/20 at 4PM - release of earnings on 7/19, or after the market closes on 7/20? 2) assuming Q wants to get the highest price possible for their secondary, what could you logically infer that _they_ believe the numbers in the earnings announcement will do to the stock price during the day following their release? 3) Given this set of circumstances, could their move of the earnings announcement one day earlier (and the statement that it was due to the secondary offering) be screaming 'blowout' any louder than it is? Folks, you will likely never, ever have a surer opportunity than this. I'm not saying you should max out your credit cards like I have, of course. I'm saying that the if you believe (with thanks to The_Rich_Janitor here) that the object of the game is to accumulate as much Q as you can, as soon as you can, then today's news should be treated like you've been dealt a hand with three aces in it...and you just got to peek at the next card long enough to know there's a big "A" on it. Good luck to all in the next two market days. I'm off to _very_ sweet dreams. -MM