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Technology Stocks : TIBCO Software Inc - ( Nasdaq - TIBX ) -- Ignore unavailable to you. Want to Upgrade?


To: Exponent who wrote (144)12/13/1999 7:38:00 PM
From: tradewright  Read Replies (2) | Respond to of 289
 
I guess that's what concerns me. I can't help but wonder how much of the stock price performance is due to the small float alone. What would happen if Reuters (actually 65% owners, not the 88% I had said in my previous post; insiders own an additional 23%) decided they needed some working capital and started to cash out some shares? Granted, they would be slowly killing the fatted calf if they were to flood the market, but they aren't likely to hold these shares forever, are they? I love this company, their technology, their customer list, their industry, and their CEO. If only more of their shares were public and there were more institutional involvement, I'd be less concerned. Am I mistaken on this?

Anyway, they closed out the regular trading day below 150, but it looks like there was some aftermarket activity at 153. I think they release earnings after market close this Thursday, December 16. Has anyone heard any whisper numbers?