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Technology Stocks : NUANCE COMMUNICATIONS (NUAN) -- Voice Interface Software -- Ignore unavailable to you. Want to Upgrade?


To: Capitalist who wrote (116)9/26/2000 2:35:58 PM
From: player203  Respond to of 191
 
Capitalist:

I agree with you that NUAN is a great and new company. After doing some fundamental research, I am worry about that 3 million share second offer will affect the stock price. It was filed by NUAN on 9/1/2000. Please review the following URL:

siliconinvestor.com

Today, NUAN is 129 with 4.5 mil flowing share issued on 4/13. The lockup period will be end on 10/9 which is one more week from today. If those 3 million shares go to the market after 10/9, the flowing shares will be 7.5 million shares. If we count about some lockup institution selling, this effect is something like 2:1 stock split because the flowing shares are doubled. I.e the price of NUAN will drop half of today's. That is around 60~70 per share.

Please give me your analysis and advice.

Thanks.