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Technology Stocks : Ask Jeeves,Inc-(Nasdaq-ASKJ) -- Ignore unavailable to you. Want to Upgrade?

To: Ted The Technician who wrote (195)12/4/1999 12:06:00 PM
From: DaveAu  Read Replies (1) | Respond to of 838
 
<<What is this "early lock-up"?>>

There can be only one reason for this. The holders of these shares are dying to take some profits while the price is so rediculously high. They're terrified that the party will be long over at the end of the month when the big lock-up ends. They've made a deal with the underwriter to let them out early.


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