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To: Glenn D. Rudolph who wrote (116076)1/23/2001 9:02:04 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
It sure did, but it also backed off near the end of the day.

<<I believe you have missed the point that employees and insiders of good firms do not sel all their stock just because they can due to a lock-up expiration. Most will hold their stock in a good firm. >>

I understand that point. But the VC's and any other outside funders will usually be the first to sell. There's also sec restrictions on how much the insiders can sell at a time, but I do not know if there are similar restrictions on VC's.

Many co's coming up on the lockup unwinding will save an impressive pr or two to use at the right time to try to counter the effect on the stock. But let's see if there's any nervousness in CORV stock as the next couple of SEC deadlines for insider filings approach!
Victor