Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: bill meehan who wrote (63697)	9/22/1999 10:51:00 PM
From: Ken98	Read Replies (3) \| Respond to of 86076

Bill, the press release seemed to indicate that the shares were already acquired because trading was starting tomorrow or am I missing something?: <<Trading of Internet HOLDRs under the symbol ``HHH' begins Thursday, September 23, on the American Stock Exchange. >> Seems to be a great way for insiders to unload a big bucket of shares without affecting share price. Also seems to be rather well planned out - yesterday you had the merrill nut analyst chirping little upgrades, today most of the affected companies were chirping little press releases for this or that new strategy. All of which supports both the new UIT, but ALSO supports a boat load of baby-nut IPOs coming out. Great deal for everyone, fees, fees and more fees for the brokers and the insiders get to bail out.

To: bill meehan who wrote (63697)	9/22/1999 11:03:00 PM
From: IceShark	Read Replies (2) \| Respond to of 86076

Ok, thanks Bill. I'm really curious how they are working it - they had to buy some of it already since the thing starts trading tomorrow on the AMEX under HHH. Wonder how long it will take to peddle the total 400mm.