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.

Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Amigo Mike who wrote (6695)	7/8/1998 10:55:00 PM
From: James Wright	Respond to of 29382

Mike -- "Have you looked into this. 2.1 million additional shares @ $23.50 ?????" My understanding is that these shares were all placed a week or two ago and thus have been fully absorbed by the market and are fully reflected in the current price. In fact, one of the enticing aspects of KNDL is that the price is now at 31 after rising since the new shares entered the market. Normally, I would have expected some weakness due to dilution. KNDL took the new shares without even flinching. -- Jim