SI
SI
discoversearch

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 : XYBR - Xybernaut -- Ignore unavailable to you. Want to Upgrade?


To: Jason Flora who wrote (1216)7/15/1998 11:10:00 AM
From: rrufff  Read Replies (1) | Respond to of 6847
 
Restricted stock Buy at 7 1/2 is probably a realistic FLOOR.

Given that the rumored price is 7 1/2, institutions don't agree to take restricted stock unless they feel that they are going to at least double (and in today's market) quadruple in value.

The market in this stock usually follows a pattern, large volume relatively small moves and then when you are asleep a huge move upwards.

I wouldn't want to be short or even out on a trade.