SI
SI
discoversearch

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.
Technology Stocks : 1-800-Flowers.com Inc-(FLWS) -- Ignore unavailable to you. Want to Upgrade?


To: Little Investor who wrote (122)1/31/2000 4:52:00 PM
From: bill  Read Replies (1) | Respond to of 125
 
Little Investor,

That's the kind of unhelpful information that we've come to expect from TSCM. The 38MM amount, directly from the prospectus, is technically available now for sale under Rule 144. However, most of it is held by McCann and family. Even if they wanted to sell (and even if GS&Co and the rest of Wall Street would let him get away with it), Rule 144 would only let him sell 1MM or so each quarter. That's a lot, but it ain't going to happen in real life. In any event, 38MM is irrelevant.