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Technology Stocks : PALM - The rebirth of Palm Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Mang Cheng who wrote (2239)	10/19/2000 8:37:47 AM
From: Starfish*	Read Replies (1) \| Respond to of 6784

Unlock date Dec 17th, over 115.2 million shares unlockdates.com

To: Mang Cheng who wrote (2239)	10/19/2000 9:57:35 AM
From: David E. Taylor	Respond to of 6784

Mang: HAND lockup expires 180 days from the IPO (6/21) which I make 12/18/00. There are 125,436,978 shares outstanding as of 7/1/00, and of those 110,210,761 are held by insiders and will be unlocked on 12/18/00, about 88% of the total. Break down is as follows (millions): Hawkins 40.9, Dubinsky 22.0, Kleiner Perkins 18.8, Benchmark Capital 18.8, other directors/officers 7.7. Who will sell? The VC's for sure, and Dubinsky/Hawkins would be wise to lighten up as well, maybe buy some PALM! Remember what happened when the misled investing public thought 94% of PALM's shares were about to unlock - 20% haircut in a week or two. Depending on how high HAND goes. I'd expect a sell off some magnitude starting who knows when? Maybe mid November, maybe a little sooner. I have a limit sell order on my small HAND holding at $100, almost got taken out this morning. Cost basis around $50, almost as good as a PALM call options trade! David T.