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Technology Stocks : iBasis, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (50)6/3/2000 9:55:00 PM
From: Jim Oravetz  Read Replies (1) | Respond to of 211
 
My guess is that not too many shares will exit the inside holders. After being at 90+, selling at these prices would not seem to be worth it. Hold on for the bigger payoff down the road. Then again, some of the shares were REAL cheap for the first people in. They are spending money like crazy to establish the company as a worldwide entity. Not much in the way of profits for this one for a few years.

Jim



To: 2MAR$ who wrote (50)6/4/2000 4:09:00 PM
From: sam  Read Replies (1) | Respond to of 211
 
At this time -- imho -- the unlocked shares in some of the better companies will likely be dealt as blocks to institutions who want in -- but who don't want to start bidding the prices up where the floats are too low. Not to say insiders will be dumping at this level. I can't see that happening. Nor that IBAS is yet one of the better companies -- though I do think there is incredible potential in the top VOIP plays. Inevitably, however, some shares will come out shortly. That said, I missed the sale at $13.00 and would like to pick some up on the next round trip -- if there is one. May have to wait a bit, though, I'm afraid.