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Technology Stocks : Phone.com [PHCM] -- Ignore unavailable to you. Want to Upgrade?


To: chirodoc who wrote (824)1/25/2000 3:07:00 PM
From: md1derful  Read Replies (1) | Respond to of 1080
 
Hi Curtis..ya know with these gorillas you could probably buy them at any time...but I agree withyou...will wait till after lockup expiration...to see one effect of lockup exp..check out ntop..supposedly 42 million shares are released today altho the permabulls over there insist its only 1.3 million..stock down today tho, but not as much as you would think...perhaps an interesting lesson
doc



To: chirodoc who wrote (824)1/26/2000 11:01:00 PM
From: Nick  Read Replies (3) | Respond to of 1080
 
Maybe we should keep an eye on this stock, 1-800-Flowers to see how it will react to it's lock-out expiration. Thestreet.com posts a long list of stocks that this will happen to over the next few weeks. I'll try and post updates so we can see some reactions. I own PHCM at 117 and am a bit concerned...

"In the meantime, there is at least one expiring lockup you should be watching closely next week. Take a look at 1-800-Flowers.com (FLWS:Nasdaq - news). The lockup expires on Jan. 29, at which time approximately 38,642,325 shares become eligible for sale. This is a big chunk of stock, and represents a full 62% of the 61,621,677 shares outstanding. This has not been a pretty chart and I suspect it will only get worse."

Nick