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 : 3DFX -- Ignore unavailable to you. Want to Upgrade?

To: Chip Anderson who wrote (4014)	6/16/1998 2:09:00 PM
From: Matt Webster	Read Replies (1) \| Respond to of 16960

Chip, do you think we should split as soon as possible to increase the float? How much of the 17 million are locked away? Matt

To: Chip Anderson who wrote (4014)	6/16/1998 3:52:00 PM
From: Hal Rubel	Respond to of 16960

Effective Reduction in Float RE: "David, I share your concerns. However, the stock has got a relatively thin float which tends to exaggerate rapid price movements. With TDFX entering the Russell 2000, the float will get even thinner (because the index funds won't sell). Chip" Hmmm... A Reduction in Float During a Time of Rising Expectations? : One thousand funds buying 1000 shares apiece runs to 1,000,000 shares moving from public hands into hands much more closely held. The effect would be the same as a million share buy-back, but without the usual depletion to the company treasury. Sounds good to me. How many other indexes are there out there, I wonder? Hal