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Technology Stocks : Extended Systems Inc (XTND) -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (119)2/29/2000 8:02:00 PM
From: Boplicity  Read Replies (1) | Respond to of 403
 
wow northern trust, very conservative outfit.

g



To: stockman_scott who wrote (119)2/29/2000 8:08:00 PM
From: SJS  Read Replies (1) | Respond to of 403
 
That's not ALOT of institutional ownership. It's only about 450K shares, and some of those are just window dressing positions.

The float is 6.3M and the outstanding is 9.23M

However, the next thing driving this stock is a SPLIT with 45-60 days, right around earnings.

If you push it up anymore, the split might even be 3 for 1! <VGB>

No really....if this company can execute a good earnings announcement and show some solid business from new customers and demonstrate bullish management guidance, you'll get a LOT more institutional buying because you'll get a lot more analyst coverage.

Then.....it will REALLY take off. Most of today was RETAIL. That's what small float stock do when folks can't get enough.

Steve