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Technology Stocks : SDL, Inc. [Nasdaq: SDLI] -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (2770)9/13/2000 8:09:38 PM
From: BDR  Read Replies (1) | Respond to of 3951
 
Bookham, another optical play, mentioned on this thread about a month ago continues to slide as the secondary approaches:

lightreading.com
Bookham's announcement of its offering today states that during
the "week commencing 18 September," a total of 18,510,016 shares of common stock will be
issued, including "15,445,468 existing Shares to be sold by selling shareholders."

That means that company insiders -- management, employees, or private investors -- are selling
their stakes for a load of ready cash.