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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Frederick Langford who wrote (102383)6/14/2000 4:31:00 PM
From: Stephen  Read Replies (1) | Respond to of 120523
 
Whilst I currently have no position in FNSR, I would be wary of anyone going long. They had a secondary May 10th of 8.6 million, some of which has been selling into any strength. On June 16th there is a lock-up expiry on 45.3 million ... and then on July 26th a further 48 million is available from lock-up. I was long ... but its all about supply demand ... and the supply .. or potential supply .. plus the potential window for anyone unloading before the next LU expiry sellers hit the market ... well ... need I say more.