Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Allaire -- Ignore unavailable to you. Want to Upgrade?

To: 10K a day who wrote (471)	10/5/2000 5:02:23 PM
From: greggcap	Read Replies (1) \| Respond to of 612

What concerns me is that those 3.6 million shorts were placed prior to the earnings warning. Someone at ALLR knew something and passed this information onto people within the investment community. IMHFO gregg

To: 10K a day who wrote (471)	10/5/2000 5:16:42 PM
From: greggcap	Read Replies (1) \| Respond to of 612

From the latest quarterly: SHARES OUTSTANDING AT JULY 31, 2000 -------------- ----------------------------------- Common Stock, $.01 par value............... 27,247,402 The 4 million shares you refer to are shares reserved under the company stock option plan. The strike price on these options is around $35 so they are way out of the money and have not been added to the float. So subtract 4 million from your number. I would also subtract the 3.6 million shorts because in all liklihood they have covered as they were in place prior to the earnings warning.