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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: JoeinIowa who wrote (22644)12/5/2000 8:01:43 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Joe:

I think we will have some more up days this week, very tradable rally as Mag would say, but I don't plan on holding anything to techie too long.

Here is another one to look at for a play to the downside. Only thing I don't like about it as a short is the Thomas Weasel (spelling is correct) has been touting the stock. They undoubtably are an MM on the stock and will kill you with the 100 share uptick bit. If it gets anywhere near 30...I'd think about it.

207.61.23.98

Ken



To: JoeinIowa who wrote (22644)12/5/2000 10:06:19 PM
From: Ken W  Read Replies (2) | Respond to of 29382
 
Joe:

Look at this on BLUE:

In connection with the Company's initial public offering, the Company's
underwriters required that each of the Company's stockholders or optionholders
sign a lock-up agreement which prevents their sale of the Company's stock for
180 days following the initial public offering, except with the consent of the
underwriters. These lock-up agreements allow for automatic release of a certain
number of shares on October 23, 2000 and November 21, 2000, if certain trading
thresholds are met. The trading thresholds were not met for either period and
therefore no shares were released from the lock-up agreements on October 23,
2000 and no shares will be released from the lock-up agreement on November 21,
2000. A discussion of the lock-up terms is contained in the Registration
Statement on Form S-1 filed by the Company with the Securities and Exchange

Now I have to find out what the terms of the lockup are...that should give us a target to shoot for. If the target is met..(something Weasel is good at meeting) then we know where to short at. <GGG> Weasel owes me some money, and I intend on getting it back.

Ken