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 : Command Systems, Inc. (CMND) -- Ignore unavailable to you. Want to Upgrade?

To: rainwater who wrote (472)	5/1/1998 6:28:00 PM
From: Eric Maggard	Respond to of 1956

[Underwriters] I was thinking about the shares that the underwriters hold and what the terms were. I haven't checked it, but I think there is usually written into the IPO a clause that the underwriters get options to more shares in case the price drops after the IPO. Could the underwriters have some alterior motives to push the price down to pick up those options? I don't know if I am offbase or not. Some one with experience in IPO's and stock offerings could you comment on this? Eric Out for now, looking to get back in later down the road.