Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : (LVLT) - Level 3 Communications -- Ignore unavailable to you. Want to Upgrade?

To: Don S.Boller who wrote (47)	2/6/1998 11:03:00 PM
From: William Nelson	Read Replies (1) \| Respond to of 3873

Anyone have any idea how many shares are outstanding at the moment? Not the float, the total number. I have to admit I don't trust these "insider" shares..insiders didn't buy at 39 1/4. I think a very likely scenario is for the stock to come public way lower, with current holders getting shares at 1 for 1; then if it doesn't jump back to 39, tough luck. Think of it from the underwriter's point of view-they want to make money on the new shares, and they're not going to peg it at some speculative pink sheet value. Love the company though, what I have heard of it. I'm into RCN too.