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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (12290)	12/29/1999 12:06:00 PM
From: Peter V	Respond to of 18998

KQIP stuck in the 60's. No complaints though, it needs to rest before it runs again. Any problems from this? Wednesday December 29, 8:22 am Eastern Time KPNQwest partially lifts share restriction AMSTERDAM, Dec 29 (Reuters) - European data communications company KPNQwest (NasdaqNM:KQIP - news) said on Wednesday it will lift some trading restrictions in early 2000 in its C ordinary shares, which were part of a directed share program from its initial public offering in November. Each participating employee, affiliate or associate of KPNQwest and Qwest Communications International Inc (NasdaqNM:QWST - news) may sell as many as 5,000 shares beginning January 3, 2000, KPNQwest said in a statement. This amounts to 1.7 million shares, or three percent of the total number of C shares. (seems like a small number of shares, should not create much impact) KPNQwest is a joint venture between Dutch KPN Telecom NV (NYSE:KPN - news) and U.S. group Qwest Communications International Inc. The lock-up restrictions on the remaining shares purchased in the directed program are set to expire on February 6, 2000, the company added. I guess we need to look at SEC documents to see how many shares might be in here.