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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Pink Minion who wrote (61470)10/26/2000 7:30:43 AM
From: CapitalLosses  Respond to of 122087
 
Lockupdates.com says AETH expires tomorrow*. I'm vaguely aware those lockup sites have sketchy accuracy. Should've double checked. Sorry.

It's been discussed on this thread before that lock-ups aren't always 180 days and can be renegotiated after the IPO, but the only way to know for sure with a particular security is to go to an original source for the data. (But I don't know that a company has ever negotiated for a longer lockup period. This wouldn't seem to make sense.)

What's more important, though is that even if the date is right, the unlock will only be 1.5%. I always check for the percentage and generally only consider anything over 70% interesting, so I made a clerical error and my previous post is just plain misleading. Sorry to anyone who shorted it based on my faulty information. As they say, "Use other people tips as leads, but do your own DD."

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*Lockupdates.com says AETH went public 10/20/1999 and has five unlock dates, the first being 10/26/00 and the others all being in 2001. The largest is 2/24/01 at 34.6% while Thursday's is only 1.5%.

-CLs