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


To: steve h who wrote (61771)10/31/2000 5:18:20 PM
From: M. Frank Greiffenstein  Read Replies (2) | Respond to of 122087
 
I'm saying it can happen that the new shares causes the price to drop because supply putstrips demand.

But what I was expecting was the underwriters to do a "jam job", that is, use techniques to artificially drive the price of RIMM up in order to sell the 6 million shares at $102. Yesterday's volume was less then 6 million but today's was over 6 million, so I suspect they floated the new issue today.

That's fine, I want a second shot at RIMM.

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