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Technology Stocks : Interwoven (IWOV) -- Ignore unavailable to you. Want to Upgrade?


To: DAY TRADER who wrote (254)4/25/2000 9:54:00 PM
From: Nirmal  Respond to of 288
 
Kevin, correction to my previous post....Further research today told me the reason for all the decline recently, despite good earnings. Apparently, tomorrow 11 million shares held by insiders is coming out of their "Post IPO lock-up" period. I wish i had done my research a bit early. I strongly suspect that today's was a move to offset tomorrow's flood of options that will be sold by insiders. I am still a believer in the company and long term prospects - but I am going to watch early morning tomorrow the move of the stock and take advantage of short term trend.