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


To: Starfish* who wrote (2242)10/20/2000 2:36:51 PM
From: Mang Cheng  Respond to of 6784
 
Starfish* and David T, thank you for the information on the lockup expire date for HAND. There are only 10 million shares trading right now which gave rise to the extreme volatility of HAND. That's the same thing for Palm when only 27 million shares were trading. Palm was able to stay at $50 at that time.

When the lockup date get closer by Dec. 20, HAND will drop just for the fear of the other 100+ million shares flooding the market. Insiders will not be dumping the stock but they will sell some of their holdings to create liquidity for the stock. Early December seems like a good time to buy Hand. The fear will be highest and the Dec sale data will not be out yet.

For reference :
David post is #2245
Starfish post is #2242

Mang