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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Suresh who wrote (23466)9/6/1999 2:58:00 PM
From: PartyTime  Respond to of 68316
 
JNPR's float?

Here's an interesting float. Recent IPO, Lionbridge (LIOX)! Only a 3.5 mil float with Morgan Stanley Dean Witter (MSDW) owning 27%, 750,000 of those shares. Venture capitalist Advent owns another 28%. Quiet period ends September 14th. We're likely to see a run-up approaching that date.

If you know anything about what LIOX does, you'll know that a strong PR campaign--one like NTOP's--could move LIOX strongly past QP. With MSDW and Advent public relations resources to tap into, who knows? We could see strong PR.

LIOX has good fundamentals and is in the right place at the right time. The fact it's one of the last of recent IPOs to cross QP, by itself, is enough to provide for investor consideration.

So so keep an eye and keen interest in this one. It could become powerful.



To: Suresh who wrote (23466)9/6/1999 6:32:00 PM
From: Iris Shih  Read Replies (1) | Respond to of 68316
 
Suresh,

Thanks! I got your points. I do have a concern on the float.

Iris