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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (17588)4/24/2006 1:46:44 PM
From: Esoteric1  Respond to of 23958
 
RE:RTK ... A "green shoe," also known as an over-allotment option, is a right given to an underwriter to purchase up to 15% more of a company's stock than was planned to be offered. The purpose for this option is to allow the underwriter to satisfy higher than expected demand for the stock. The term comes from The Green Shoe Company (now the Stride Rite Corporation), where the device was first used.

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