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Technology Stocks : Aeroflex (ARX) -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (421)	3/19/1998 6:06:00 PM
From: Kerry Lee	Read Replies (2) \| Respond to of 586

Very predictable action today given the roadshow just ended and it generated alot of interest and was purportedly oversubscribed. Brokers and funds were allocated x amount of shares and they wanted more. The price appreciation and volume prior to today was a clue. Today was the result. The closing action was encouraging going forward. FWIW, also check out last 2 days action on ANST which announced a secondary around the same time as ARX with approx 2 million shares ...Perhaps another clue that they want more shares ahead of the official offering date??? Keep an eye on it.